condo
n. countablen. a private apartment that you own in a building with other people. You own your specific unit, but you share common areas like the pool or gym with your neighbors.
n. an individually owned residential unit within a multi-unit building or complex. Owners hold title to their specific interior space while sharing ownership of common facilities and land with other residents.
She bought a small condo near the beach.
Living in a condo is convenient because the association handles all the exterior maintenance and landscaping.
While the monthly fees for a condo can be high, they often cover amenities that would be prohibitively expensive for a single-family homeowner to maintain independently.
Shortening of condominium.
A shortened form of 'condominium', used primarily in North American English.