An apartment, or flat, is a self-contained housing A house is generally a home, shelter, building or structure that is a dwelling or place for habitation by human beings. The term includes many kinds of dwellings ranging from rudimentary huts of nomadic tribes to high-rise apartment buildings. In some contexts, "house" may mean the same as dwelling, residence, home, abode, lodging, unit that occupies only part of a building Buildings come in a wide amount of shapes and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, to land prices, ground conditions, specific uses and aesthetic reasons. Such a building may be called an apartment building, especially if it consists of many apartments for rent Renting is an agreement where a payment is made for the temporary use of a good, service or property owned by another person or company. The owner of the good, service or property may be referred to as the lessor and the party paying to use the property as the lessee or renter. The rental market has recently expanded to cover a diverse variety of. Apartments may be owned by an owner/occupier or rented by tenants.

The term apartment is favored in North America North America is the northern continent of the Americas, situated in the Earth's northern hemisphere and in the western hemisphere. It is bordered on the north by the Arctic Ocean, on the east by the North Atlantic Ocean, on the southeast by the Caribbean Sea, and on the west by the North Pacific Ocean; South America lies to the southeast. North, whereas the term flat is commonly, but not exclusively, used in the United Kingdom The United Kingdom of Great Britain and Northern Ireland[note 7] is a sovereign state located off the northwestern coast of continental Europe. It is an island country, spanning an archipelago including Great Britain, the northeastern part of Ireland, and many small islands. Northern Ireland is the only part of the UK with a land border, sharing, Hong Kong Hong Kong is a special administrative region of the People's Republic of China. Situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour. With land mass of 1,104 km2 (426 sq mi) and a population of seven million people, Hong Kong is one of the most, Ireland Ireland (pronounced /ˈaɪrlənd/ , locally [ˈaɾlənd]; Irish: Éire, pronounced [ˈeːɾʲə] ( listen); Ulster Scots: Airlann) is the third-largest island in Europe and the twentieth-largest island in the world. It lies to the north-west of continental Europe and is surrounded by hundreds of islands and islets. To the east of Ireland is the and most Commonwealth The Commonwealth of Nations, often referred to as the Commonwealth and previously as the British Commonwealth, is an intergovernmental organisation of fifty-four independent member states, all but two of which were formerly part of the British Empire. The member states co-operate within a framework of common values and goals as outlined in the countries. In Malaysian English Malaysian English , formally known as Malaysian Standard English (MySE), is a form of English used and spoken in Malaysia as a second language. Malaysian English should not be confused with Malaysian Colloquial English which is famously known as Manglish or Street English, a portmanteau of the word Malay and English, flat often denotes a housing block of lesser quality meant for lower-income groups, while apartment is more generic and may also include luxury condominiums A condominium, or condo, is the form of housing tenure and other real property where a specified part of a piece of real estate is individually owned while use of and access to common facilities in the piece such as hallways, heating system, elevators, exterior areas is executed under legal rights associated with the individual ownership and.

Tenement law A tenement , in law, is anything that is held, rather than owned. This usage is a holdover from feudalism, which still forms the basis of all real-estate law in the English-speaking world refers to the feudal Feudalism is a decentralized sociopolitical structure in which a weak monarchy attempts to control the lands of the realm through reciprocal agreements with regional leaders. In its most classic sense, feudalism refers to the Medieval European political system composed of a set of reciprocal legal and military obligations among the warrior basis of permanent property such as land or rents. May be found combined as in "Messuage In law, the term messuage equates to a dwelling-house and includes outbuildings, orchard, curtilage or court-yard and garden. At one time messuage supposedly had a more extensive meaning than that comprised in the word house or site, but such distinction, if it ever existed, no longer survives or Tenement" to encompass all the land, buildings and other assets of a property.

In the US, some apartment-dwellers own their own apartments, either as co-ops A cooperative is defined by the International Co-operative Alliance's Statement on the Co-operative Identity as an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. It is a business organization owned and, in which the residents own shares of a corporation that owns the building or development; or in condominiums A condominium, or condo, is the form of housing tenure and other real property where a specified part of a piece of real estate is individually owned while use of and access to common facilities in the piece such as hallways, heating system, elevators, exterior areas is executed under legal rights associated with the individual ownership and, whose residents own their apartments and share ownership of the public spaces. Most apartments are in buildings designed for the purpose, but large older houses A house is generally a home, shelter, building or structure that is a dwelling or place for habitation by human beings. The term includes many kinds of dwellings ranging from rudimentary huts of nomadic tribes to high-rise apartment buildings. In some contexts, "house" may mean the same as dwelling, residence, home, abode, lodging, are sometimes divided into apartments. The word apartment connotes a residential unit or section in a building. In some locations, particularly the United States, the word denotes a rental unit owned by the building owner, and is not typically used for a condominium.

In the UK, some flat owners own a share in the company that owns the freehold A fee simple is an estate in land, a form of freehold ownership. It is the most common way real estate is owned in common law countries, and is ordinarily the most complete ownership interest that can be had in real property short of allodial title, which is often reserved for governments. Fee simple ownership represents absolute ownership of real of the building. This is commonly known as a "share of freehold" flat. The freehold company has the right to collect annual ground rents from each of the flat owners in the building. The freeholder can also develop or sell the building, subject to the usual planning and restrictions that might apply.

In some countries the word unit is a more general term referring to both apartments and rental business suites A suite is the location of a business within a shopping mall or office building. The suite's number also serves as a sort of address within an address for purposes of mail delivery and pickup. The word is generally used only in the context of a specific building; e.g., "This building has three units" or "I'm going to rent a unit in this building", but not "I'm going to rent a unit somewhere." In Australia, a unit refers to flats, apartments or even semi-detached Semi-detached housing consists of pairs of houses built side by side as units sharing a party wall and usually in such a way that each house's layout is a mirror image of its twin. This style of housing, although built throughout the world, is commonly seen as particularly symbolic of the suburbanisation of the United Kingdom and Ireland, or post- houses. Some buildings can be characterized as mixed use buildings, meaning part of the building is for commercial, business, or office use, usually on the first floor or first couple floors, and there are one or more apartments in the rest of the building, usually on the upper floors.

When there is no tenant occupying an apartment, the apartment owner or landlord Landlord is the owner of a house, apartment, condominium, or real estate which is rented or leased to an individual or business, who is called a tenant . When a juristic person is in this position, the term landlord is used. Other terms include lessor and owner. The term landlady may be used in some jurisdictions for female owners, but landlord is said to have a vacancy. For apartment landlords, each vacancy represents a loss of income from rent-paying tenants for the time the apartment is vacant (i.e., unoccupied). Landlords' objectives are often to minimize the vacancy rate for their units. The owner of the apartment, typically when transferring possession to the occupant, gives him/her the key A key is an instrument that is used to open a lock. A typical key consists of two parts: the blade, which slides into the keyway of the lock and distinguishes between different keys, and the bow, which is left protruding so that torque can be applied by the user. The blade is usually designed to open one specific lock, although master keys are to the apartment entrance and any other keys needed, such as a common key to the building or any other common areas and a mailbox key. When the occupant(s) move out, these keys are typically returned to the owner.

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