What is the required notice period for a resident to terminate their stay?

The required notice period for a resident to terminate their stay being 30 days is based on standard practice in many residential agreements. This timeframe allows both the resident and the property management sufficient time to handle the logistics of moving out and preparing the space for future tenants. A 30-day notice is commonly seen as a fair duration because it aligns with typical lease agreements, providing a balance between the needs of the resident who is relocating and the property owners' ability to find new tenants with minimal disruption. It also affords time for any necessary inspections, final walkthroughs, and arrangements for the return of security deposits, which are important elements in the process of ending a tenancy.