A more thorough explanation:

Definition: Month-to-month means a rental agreement that is renewed every month. This term is commonly used in the context of renting a property, where the tenant pays rent on a monthly basis without a fixed-term lease. In this type of agreement, either the landlord or the tenant can terminate the tenancy at any time, usually with a 30-day notice and subject to state laws.

For example, if a tenant signs a month-to-month rental agreement, they are committing to renting the property for one month at a time. At the end of each month, the agreement is automatically renewed for another month unless either party gives notice to terminate the agreement.

In some states, month-to-month agreements are also known as "tenancies at will." This means that the tenant has the right to occupy the property as long as they continue to pay rent and follow the terms of the agreement, but the landlord can terminate the tenancy at any time with proper notice.

Overall, month-to-month agreements offer flexibility for both landlords and tenants, but they also come with some risks and uncertainties. Landlords may have difficulty finding new tenants if the current tenant decides to leave on short notice, while tenants may have to deal with sudden rent increases or changes in the terms of the agreement.