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An apartment   is a self-contained housing unit  that occupies only part of a building. Such a building may be called an apartment building, apartment complex , apartment house, block of flats, tower block, high-rise or, occasionally mansion block , especially if it consists of many apartments for rent. In Scotland it is called a block of flats or if its a traditional sandstone building a tenement, which has a pejorative connotation elsewhere. Apartments may be owned by an owner/occupier by leasehold tenure or rented by tenants. In some parts of the world, the word apartment refers to a new  purpose-built self-contained residential unit in a building, whereas the  word flat means a converted self-contained unit in an older  building. An industrial, warehouse, or commercial space converted to an  apartment is commonly called a loft,  although some modern lofts are built by design. An apartment consisting  of the top floor of a high apartment building can be called a penthouse.

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