A month-to-month tenancy is a periodic tenancy or lease in which the tenant is given possession of the leased premises with no specific expiration date and agrees to pay the landlord on a monthly basis. A month-to-month tenancy often requires the tenant or the landlord to give the other party 30 days written notice of termination of the lease.
Both residential leases and commercial leases may be month-to-month tenancies. If a residential or commercial tenant remains in the leased premises and continues to pay rent following the expiration of a lease for a longer term, there may be a new month-to-month tenancy created and recognized by law.
In Mississippi, a month-to-month tenancy is recognized as a form of periodic tenancy where the tenant occupies the property with no definite end date and pays rent monthly. This type of tenancy can be established for both residential and commercial properties. It provides flexibility for both the landlord and the tenant, as either party can terminate the tenancy with a 30-day written notice, which is the standard notice period required by Mississippi law. If a fixed-term lease expires and the tenant continues to live in the property and pay rent without signing a new lease, a month-to-month tenancy is often presumed to have been created under Mississippi law. This implied month-to-month tenancy is subject to the same notice requirements for termination as an explicitly agreed-upon month-to-month lease.