this post was submitted on 07 Aug 2024
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What's yhe difference between condo and apartment?
An apartment is a structural classification (one of many separate dwellings within the same building, usually flats); a condo is a legal classification for how ownership of a dwelling works (collective ownership of parts of a property, individual ownership of other parts). If a home is both, it's usually referred to as a condo, so "apartment" usually implies that it's rented.
That's an odd distinction to make isn't it? I've only ever heard people refer to apartments as condos or vice versa. Nobody would ever call a townhouse a condo even though I think you're saying they could/should?
I live in a townhouse that's also a condo, and call it one or the other depending on the context. Structurally it's a townhouse, legally it's a condo.