An Indiana Month-To-Month Rental Agreement is a legal contract between a landlord and tenant, which allows the tenant to rent a property without committing to a fixed lease term. This kind of agreement provides flexibility for both parties involved.
The tenant pays a monthly rent payment, along with other utilities, and the agreement only terminates when either party gives at least one month’s notice or the time period mentioned in the agreement, whichever is longer. The landlord can also increase the rent or make any other adjustments to the lease with standard notice.
Minimum Termination Period: The notice to terminate the lease by either party is required to be given one month in advance.
Law: § 32-31-1-1