Month-to-Month Lease Agreement
Open-ended residential rental that auto-renews each month, terminable by either party with notice.
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MONTH-TO-MONTH RENTAL AGREEMENT
This Month-to-Month Rental Agreement ("Agreement") is entered into on May 4, 2026 between Riverside Holdings LLC ("Landlord") and Jordan Taylor ("Tenant").
1. PREMISES
Landlord rents to Tenant the residential premises located at:
482 Elm Street, Apt 3B, Portland, OR 97214
2. TERM
This tenancy begins on May 4, 2026 and continues on a month-to-month basis until terminated by either party as set out in Section 8.
3. RENT
Tenant shall pay monthly rent of $2,150.00, due on the 1 day of each month, in advance.
4. LATE FEE
$75 flat fee after the 5th of the month
5. SECURITY DEPOSIT
A security deposit of $2,150.00 has been paid by Tenant and shall be held and refunded in accordance with the laws of the State of Oregon.
6. UTILITIES
Water, sewer, and trash collection are included. Tenant pays electricity, gas, and internet.
7. PETS
No pets allowed.
8. TERMINATION
Either party may terminate this tenancy by giving the other at least 30 days' written notice, or such longer period as may be required by state or local law. Landlord may also adjust rent on the same notice period, except where prohibited by law.
9. RULES & CONDUCT
Tenant shall use the Premises only as a private residence, shall comply with all applicable laws, and shall not unreasonably disturb neighbours.
10. ENTRY BY LANDLORD
Landlord may enter the Premises with at least 24 hours' written notice for inspections or repairs, except in emergencies.
11. ADDITIONAL TERMS
- Rent may be adjusted by Landlord on 60 days' written notice.
- Quiet hours from 10:00 PM to 8:00 AM.
12. GOVERNING LAW
This Agreement is governed by the laws of the State of Oregon.
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LANDLORD TENANT
_______________________________ _______________________________
Riverside Holdings LLC Jordan Taylor
Date: _______________ Date: _______________
About this template
A month-to-month lease is the right choice when either party values flexibility over predictability — relocating tenants, properties being prepared for sale, owners testing a tenant before committing to a year, and tenants who want the freedom to leave on short notice. The trade-off is exactly that flexibility cuts both ways: the landlord can also raise rent or terminate with the same notice period, which in tight rental markets can mean the tenant loses housing on 30 days' notice. State law sets a floor on the notice period — 30 days is the most common, but California requires 60 days for tenancies of one year or more, and many rent-controlled cities require longer or only allow termination "for cause." Always check local law before either party relies on the lease's notice clause; the statute will override what is written if the lease provides less notice than state or city law requires.
When to use it
- Tenant or landlord wants flexibility (relocation, property sale, tenancy trial).
- Continuing a tenancy past the end of a fixed-term lease without renewing.
- Short-stay rentals that exceed the duration of a typical short-term-rental license.
- Family or friends renting on informal terms but wanting some written record.
What to include
- Notice period to terminate (state-law minimum or longer).
- Notice period to change rent (often the same).
- Rent amount, due date, late fee.
- Security deposit and where it is held.
- Pet, smoking, guest policies.
- Governing state law clause.