Richard Lerner- Prudential Wilmot Whitney

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An apartment or flat is a self-contained housing unit (a type of residential real estate) that occupies only part of a building, generally on a single storey. There are many names for these overall buildings, see below. The housing tenure of apartments also varies considerably, from large-scale public housing, to owner occupancy within what is legally a condominium, to tenants renting from a private landlord