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User558 Posted 7 years ago
Grammar

What's a difference between owned and purchased

He purchased property for $20000


He owned property for $20000

  

Top answer

He purchased the property for $20000 . ) He owned property valued at $20000 . (That is the market value, or what he could sell it for.

  • He purchased the property for $20000 .
  • ) He owned property valued at $20000 .
  • (That is the market value, or what he could sell it for.
  • )
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1 Answers
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He purchased the property for $20000. (That is what he paid for it.)


He owned property valued at $20000. (That is the market value, or what he could sell it for. )

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