Which of the following is not an industry term for community associations?

The term "condominium collective" is not widely recognized as an industry standard term for community associations. In the realm of community associations, terms like "shared ownership community," "cooperative community," and "community interest development" are commonly used and understood to represent various forms of housing arrangements where individuals have an interest in shared properties and amenities.

"Shared ownership community" refers to arrangements where residents own a share of the community and participate in its governance. "Cooperative community" typically signifies a housing cooperative where members own a share of the property and collaboratively manage it. "Community interest development" encompasses a broader range of community associations, including condominiums, cooperatives, and planned developments, which all focus on shared interests among residents.

In contrast, "condominium collective" lacks the established usage that the other terms possess within the industry, making it the correct choice for the question of which one is not an industry term for community associations.