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Differences between a fixed term and ongoing lease agreement

Whether you’re a tenant or owner, it’s worth understanding how fixed-term and month-to-month leases differ, and what works best for you.

Ongoing leases are also called month-to-month leases or rolling leases.

Both types of leases are valid agreements for renters and property managers to enter-into. They both facilitate the tenancy but have important differences around notice, rent increases and duration.

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