Create an Oklahoma Month to Month Lease Agreement with our customizable template!
An Oklahoma month-to-month lease is a short-term monthly rental agreement that creates a month-to-month tenancy relationship between the landlord and tenant. The short-term agreement renews at the beginning of each month unless a party decides to submit a lease termination notice to move out. If the parties decide the situation is beneficial, they may opt to make the rental agreement indefinite.
A month-to-month lease agreement must be written to comply with Oklahoma landlord-tenant laws. It should also contain the same provisions as a long-term residential lease agreement, including:
Oklahoma month-to-month lease agreements are governed by Oklahoma landlord-tenant law located in Title 41 in Oklahoma Statutes. Oklahoma state laws do not limit the amount of security deposit that a landlord may request for a rental unit. Under § 41-115, a landlord can apply some or all of the security deposit (as necessary) to cover unpaid monthly rent, damage to the rental property that exceeds normal wear and tear, or other noncompliance with the rental agreement. The landlord must include an itemized statement of deductions when they return the remainder of the security deposit. The landlord must return the security deposit within 45 days of the end of the month-to-month tenancy.
Before renting to a prospective tenant, landlords and property managers should ensure that they understand state laws and federal laws related to renting real estate.
According to § 41-111, a month-to-month rental agreement requires a notice period of 30 days. The 30 days' notice must be a written notice.
Terminating a month-to-month lease agreement for criminal activity, the landlord has the legal right to terminate the tenancy under § 41-132 immediately.
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