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I don't think that's true at all, the eviction remedies for non-payment of rent are the same for a month by month and a fixed term agreement. There's no difference, I've never seen anywhere in the Landlord Tenant Act where they are treated differently for a substantial breach. I've had both situations.

EDIT: The only difference is the one he already has in his contract, if someone leaves before the end of a fixed term they are responsible for the entire term, not just max one month for a month-to-month (with the stipulation that the landlord has to make all possible efforts to re-rent and once it is re-rented then they aren't responsible anymore).

Fixed terms can work in the landlord's favor as well. There's very few reasons you can get rid of a month-by-month tenant that is paying their rent (you can't just give them notice for no reason, there's very few and very specific reasons), whereas on a fixed term lease you can word it so the agreement ends. No agreement, no tenancy, they have to leave. That's how I have mine worded so that at the end of the fixed term I have a choice (and I've put ones I wasn't sure about on 3 or 6 month fixed terms to start out).

Wording for 1 year prepayment you can change or not, I don't think it matters, as long as he pays on or before the first of the month (which he is). Just give him a receipt for the full amount. EDIT2: I've also had 1 year prepayment before as well, convenience I think was the reason for them.