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What is the difference between a "month-to-month" lease and a "term" lease?

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What is the difference between a "month-to-month" lease and a "term" lease?

The difference between a month-to-month lease and a term lease is that the month-to-month lease will renew itself every month, every time the tenant pays for the rent. However, a term lease is locked for a certain period of time, for example, six or twelve months.

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Apartment Leasing
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  4. Does my lease automatically become month-to-month when its over? 
  5. Is there a standard lease renewal process? 
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  6. Are all leases "standard"? 
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