Document Features
- Rent – Specifies the rent payment amount owed by the tenant and the day of the week it is due.
 - Lease Term – Includes a start date and establishes that the lease continues weekly until either party sends written notice to end it.
 - Additional Costs – Indicates which utilities the tenant is responsible for paying, the cost of parking spaces, and the cost of having pets, if permitted.
 - Maintenance – States that the tenant is responsible for maintaining the condition of the premises and performing basic repairs.
 - Default – Advises the tenant that failure to adhere to the property rules and the agreement’s provisions could terminate the lease.
 
Common Uses
It is commonly used for short-term rental arrangements such as vacation, work, or off-season purposes.
Pros & Cons
| PROS | CONS | 
| Income is usually higher; sometimes two (2) times more compared to standard leases. | Increased turnover, leading to landlords having to find multiple tenants within very short periods of time. | 
| Better flexibility; like tenants, landlords can terminate the contract with minimal notice and for almost any reason. | Local and state laws pertaining to short-term leases are often stricter and more regulated than standard lease arrangements. | 
| Marketing options, like AirBnb and VRBO, are often better exposure and creating listings is inexpensive. | Due to the high volume of tenants, it’s likely that landlords will have to spend more time cleaning and fixing up their rental units. | 
What to Include (8)
- Party Information – The names and addresses of both parties.
 - Property Address – The physical mailing address of the property.
 - Rent ($) – The weekly rent amount.
 - Notice – The amount of time that must be given by either party to end the lease.
 - Security Deposit – The dollar ($) amount of the deposit tenants are required to pay upfront in case damages occur.
 - Utilities – A list of utilities, such as water, electricity, cable, etc., and which party will pay for which service.
 - Guests – The number of occupants that will be staying on the property and their full names.
 - Parking – Where the tenants are permitted to park (if applicable).
 
Required Termination Notice – By State
Below is the minimum time period required to terminate a week-to-week lease.
| STATE | REQUIRED NOTICE | SOURCE | 
| Alabama | Seven (7) days | § 35-9A-441(a) | 
| Alaska | Fourteen (14) days | § 34.03.290(a) | 
| Arizona | Ten (10) days | § 33-1375(A) | 
| Arkansas | Seven (7) days | § 18-17-704(a) | 
| California | Seven (7) days | § 1946 | 
| Colorado | Three (3) days | § 13-40-107(1)(d) | 
| Connecticut | Three (3) days | § 47a-23 | 
| Delaware | N/A | No statute | 
| Florida | Seven (7) days | § 83.57(4) | 
| Georgia | N/A | No statute | 
| Hawaii | Ten (10) days | § 521-71(d) | 
| Idaho | One (1) month | § 55-208 | 
| Illinois | Seven (7) days | 735 ILCS 5/9-207(a) | 
| Indiana | One (1) month | IC 32-31-1-1 | 
| Iowa | Ten (10) days | § 562A.34(1) | 
| Kansas | Seven (7) days | § 58-2570(a) | 
| Kentucky | Seven (7) days | § 383.695(1) | 
| Louisiana | Five (5) days | CC 2728(3) | 
| Maine | Thirty (30) days | § 6002 | 
| Maryland | One (1) week | § 8-402(c)(2)(iv) | 
| Massachusetts | Thirty (30) days | Ch. 186 §12 | 
| Michigan | Seven (7) days | § 534.134(1) | 
| Minnesota | Seven (7) days | § 504B.135(a) | 
| Mississippi | Seven (7) days | § 89-8-19(2) | 
| Missouri | N/A | No statute | 
| Montana | Seven (7) days | § 70-24-441(1) | 
| Nebraska | Seven (7) days | § 76-1437(1) | 
| Nevada | Seven (7) days | § 40.251 | 
| New Hampshire | Thirty (30) days | § 540:3(II) | 
| New Jersey | Seven (7) days | NJ 2A:18-56(c) | 
| New Mexico | Seven (7) days | § 47-8-37(A) | 
| New York | N/A | No statute | 
| North Carolina | Two (2) days | § 42-14 | 
| North Dakota | One (1) week | § 47-16-15 | 
| Ohio | Seven (7) days | § 5321.17(A) | 
| Oklahoma | Thirty (30) days | § 41-111 | 
| Oregon | Seven (7) days | ORS 91.050 | 
| Pennsylvania | N/A | No statute | 
| Rhode Island | Ten (10) days | § 34-18-37(a) | 
| South Carolina | Seven (7) days | § 27-40-770(a) | 
| South Dakota | Seven (7) days | § 43-32-15 | 
| Tennessee | Ten (10) days | § 66-28-512(a) | 
| Texas | One (1) week | § 91.001 | 
| Utah | Fifteen (15) days | § 78B-6-802 | 
| Vermont | Twenty-one (21) days | § 4467(c)(2) | 
| Virginia | Seven (7) days | § 55.1-1253(A) | 
| Washington | Twenty (20) days | 59.18.200(1)(a) | 
| West Virginia | Seven (7) days | § 337-6-5 | 
| Wisconsin | Seven (7) days | § 704.19(3) | 
| Wyoming | N/A | No statute |