Categorized In: Real Estate , Definitions
Source: What is the difference between an apartment, a condo or a flat ? | www.querycat.com
3 days ago, 04:26pm
An apartment is different than a condo, because you rent the apartment. You buy a condo. ChaCha again!
A condo is an apartment that you own. And apartments are condos that you rent. Use 1-800-2ChaCha for unlimited texts!
There is no exact difference, but mainly, apartments are rented, while condos are owned.
An apartment is a group of rooms in a multi-occupied building. A condominium is an apartment but they are individually owned.