What is meant by apartment?

An apartment is a self-contained housing unit that is part of a larger building or complex. It usually includes a living area, kitchen, bathroom, and one or more bedrooms. Apartments are typically rented rather than owned, though some can be owned as condominiums.

Key points:

  • Located in a building with multiple units.
  • Can range from small studios (one room) to large multi-bedroom units.
  • Tenants often share common areas like hallways, laundry rooms, or gyms.

Table comparing Apartment, Condo, and House:

FeatureApartmentCondoHouse
OwnershipUsually rentedUsually ownedOwned
Building typePart of a larger buildingPart of a larger buildingStandalone
SizeSmall to mediumSmall to mediumMedium to large
Shared areasOften shared (hallways, gym)Shared (amenities, sometimes maintenance)Private yard, no shared areas
MaintenanceLandlord managesOwner + condo associationOwner manages

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