I only see area separation systems in high end condos,
For typical townhouse apartments a common 2x4staggered stud on 2x6 or 2x8 plate is mostly what I see.
Floor sheathing can run thru.
Structural independence not required.
Sound transfer is important to consider, but can't get too hung up on it,
since there are not good published testing results from these types of conditions.
Sure we have STCs for wall and floor assemblies, but not intersections.
Floor joists can run parallel or perpendicular to common wall.
Always best to use 5/8 type x below floor/ceiling, even if rating not required...it costs nothing, just good practice to help reduce risk.
Even if floor joists run parallel, if common wall is used as lateral then there will be perpendicular blocking at 48" o.c. that would penetrate the wall membrane anyway. And since structural independence is not required, it is just the solid blocking that protects the intersection.
Only plan check comment on garret's detail linked is to add fillers between webs of I-joists so no gap where solid blocking butts to it.