homeowner's association

/HH OW1 M OW0 N ER0 EH0 S AH0 S OW0 S IY0 EY0 SH AH0 N/
noun
  1. 1

    Alternative form of homeowner association. [(real estate) A private association formed by a real estate developer for the purpose of marketing, managing, and selling homes and lots in a residential subdivision.]

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