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?
Karina Arabolaza (Director of Education and Outreach, Housing Rights Center, Los Angeles) gives expert video advice on: What resources are available for finding an apartment?; Can a minor rent a residence?; What is the difference between a "month-to-month" lease and a "term" lease? and more...
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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