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An estate from period to period, or periodic tenancy, is a type of leasehold estate that automatically renews at the end of a specific period of time unless either party gives notice of termination. A tenancy at will is also known as a freehold estate.
A periodic tenancy is one which is renewed automatically, usually on a monthly or weekly basis. A tenancy at will lasts only as long as the parties wish it to, and may be terminated by either party without penalty.
tomonth rental lease is a legallybinding agreement between a landlord and tenant that continues each month until either party provides 30 days' notice.
When a leasehold tenancy is terminable immediately by notice of either party, the tenancy is known as a: tenancy at will.