Pretty much what Mark said. The simplistic definition as most people in NA use them would be: Condos are typically a building where all the units in it are own

Pretty much what Mark said. The simplistic definition as most people in NA use them would be: Condos are typically a building where all the units in it are owned by their respective tenants. Apartments are typically a building owned by a Company that rents out all the units, so none of the tenants have any ownership of the place they reside in.