The Connecticut month-to-month lease agreement cultivates a written assessment promising residence in a property in exchange for a monthly monetary sum. Lease arrangements to secure the right to occupy a dwelling typically commit those involved for longer spans of time, but this one, in particular, allows either party to opt-out with a shorter notification period. Should either landlord or tenant wish to terminate the agreement, notification of thirty (30) days ahead of vacating the premises is required to avoid defaulting on the lease.
The structured contract describes the terms and conditions at length, naming lessor and lessee, the monthly rent schedule, security deposit, rights, and responsibilities. When a landlord requests a security deposit, it must be equal or less than two (2) month’s rent for those under the age of 62 and no more than one (1) month’s rent for those over 62 years in age.