Month-to-Month Lease
A rolling lease that renews one month at a time.
Definition
Month-to-Month Lease is A rolling lease that renews one month at a time. In day-to-day operations, it matters when the team needs to understand how possession continues, rolls forward, or changes hands after the original agreement.
Operationally, it matters because lease structure changes how much flexibility the manager has and how much certainty the resident gets. It also shapes approval rules, pricing logic, and the risk of ending up with unclear possession.
Use cases
Use Month-to-Month Lease to decide how the agreement should continue once the original term changes.
Review Month-to-Month Lease when the team needs to explain the tradeoff between flexibility for the operator and certainty for the resident.
Track Month-to-Month Lease so operations can route exceptions before unclear possession turns into a dispute.