각 세대가 개별적으로 소유권을 가지는 공동 주택이나 아파트 단지의 한 세대
An individual unit in a residential building or complex that is owned by the occupant, while common areas are shared.
예문:
"She decided to buy a luxury condo downtown instead of a house in the suburbs."
"The condo association voted to renovate the shared swimming pool."
임대 아파트나 건물을 각 세대별로 분양하는 콘도 형태로 개조하거나 전환하다
To convert a building, such as an apartment complex, into individual condominium units.
예문:
"The developer plans to condo the old factory building into high-end lofts."
"Many rental apartments in this neighborhood are being condoed due to high demand."