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Key Takeaways. Month-to-month tenancy is a periodic tenancy wherein the tenant rents from the owner on a monthly basis. This type of tenancy is most commonly found in residential leases. Other variations of tenancies found in lease contracts include tenancy for years, tenancy at will, and tenancy at sufferance.
When a tenant with no written lease pays rent on a monthly basis, the tenant and the landlord must meet two requirements in terminating tenancy. First, the notice must be in writing. Second, you must give notice at least 28 days before the end of the rent-paying period.
Rent Increases: Rent control is banned in Wisconsin (WI Stat. § 66.1015). Late Fees: There are no statutory limits on late fees in Wisconsin. Grace Period: There is no mandatory grace period in Wisconsin.
Month-to-month tenants may be given either a written ?5-Day Quit or Pay Rent Notice? or a 14- day written notice to vacate the property. 5-day Notice. This written notice from the landlord gives the tenant five days to pay rent or move out within the five days. If the tenant pays, the tenancy continues.
Wisconsin's right to rent law balances the rights of property owners to rent their homes and the rights of their neighbors to use and enjoy their property.