Re: Ques for the op - Landlord Forum thread

Re: Ques for the op by Anonymous on April 22, 2012 @22:14

The way I understand it is that a lease has a specific period of time MORE than 30 or 31 days...often a lease will be for a minimum of 3 months, then sometimes for 6 months, then usually and most often a lease is for a year.

A Month to Month rental agreement is a specific finite term of 30-31 days--or monthly, regardless of whether or not the month has 30 or 31 or 28 days.

Sure you can call a M2M a "lease" but most folks know a lease is a lease and not a month to month rental agreement. I guess it just depends on the vernacular.

I use Lease and M2M exclusive of one another.

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