Most of the US differentiates owned vs rented by using the terms condo or apartment, but the term apartment is used for both in at least Chicago and New York.
dunno, by the time i woke up i was back to neutral again...
literally from wikipedia:
> Unlike apartments which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, such as corridors/hallways, walkways, laundry rooms, etc., as well as common utilities and amenities, such as the HVAC system, elevators, and so on.
you can rent a condo from the owner like any other house of course... maybe that's why i got some downvotes. but some owners renting out their condos doesn't turn it into an apartment building.
>owners renting out their condos doesn't turn it into an apartment building.
Apartment and condominium are not mutually exclusive. Condominium only refers to the way a building is owned, if most or all of the units in a condominium were rented out by their owners to 3rd parties you could reasonably call it a condominium apartment building.
