[jbarham]

Condo means an apartment that you own (vs rent).

[simianwords]

Interesting.. I would never think Condo described the financial relation you had with the house but not some intrinsic quality of the house itself.

[bombcar]

Technically it doesn’t (as it means condominium which in theory could be single family homes) but practically it almost always means an “apartment you own” though sometimes “half a duplex” or similar proportions of a quad or six plex style.

But in the US it usually implies neighbors above and below and on the sides.