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The difference between any type of apartment or condo is that you rent the apartment, usually under a lease agreement; you purchase the condo to own (you'll have a mortgage on it just like buying a house).

2006-07-18 12:46:33 · answer #1 · answered by elk312 5 · 0 0

a condo has a long lease ,or you can buy , most of the time a condo is nicer than a apartment

2006-07-18 10:40:47 · answer #2 · answered by judy3107711 2 · 0 0

an apartment you rent by the month

a condo you purchase and pay a monthly mortgage on, like a house

2006-07-18 10:39:05 · answer #3 · answered by Kutekymmee 6 · 0 0

You pay to own the condo...you will never own the apartment, nice as it may be...

2006-07-18 10:40:08 · answer #4 · answered by fairly smart 7 · 0 0

you pay for both but one you get to own......

2006-07-18 11:13:29 · answer #5 · answered by Clyde 5 · 0 0

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