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month-to-month lease-Legal Definition. n. A lease without a fixed term, because either it never included one or such term is expired, in which the landlordâs acceptance of each monthly rent payment gives the tenant a right to stay for one more month. 1  Link/Cite.
In Arkansas, a month to month lease agreement is like any other lease or rental agreement where the Landlord and Tenant are bound by the terms as long as the Tenant pays monthly rent and any changes to be made must be attached as an addendum. 1. Must be signed and dated by the Lessor.