Residential leases usually include terms about the amount of rent, the term of the lease, and the condition of the property. Also, leases usually include a process to terminate the lease in the event of default.
Some residential leases are month-to-month leases. This means that the tenant pays rent on a monthly basis and, generally, there is no termination date for the lease. Either party may terminate the lease by giving a one-month termination notice to the other party.
Minnesota law has requirements for residential leases, so an attorney should be consulted in preparing a lease.