residential property
Place to live
Residential property is real estate used for housing—homes, apartments, condominiums, and similar dwellings where people live.
The term distinguishes living spaces from commercial or industrial property: The zoning allows only residential property in this neighborhood.
In legal and financial contexts, residential property carries specific tax implications and lending requirements distinct from other real estate categories.
- real estate agentLicensed property seller
- home inspectionProfessional assessment of property condition
- garageEnclosed vehicle storage structure
- square footageInterior area measurement
- backyardOutdoor space behind home
apartment · condominium · home equity · zoning laws · mortgage · building codes · shared ownership · townhouse · title deed · down payment · eminent domain · foreclosure · tenancy · gated community · dream house · starter home · escrow account · easements
- assetscash, money, investments, bank accounts, savings
- real estatehouse, home, apartment, sale, rent
- propertyland, ownership, house, home, lot
- domestic investmentstocks, bonds, real estate, mutual funds, ETFs
- property taxreal estate tax, assessed value, tax bill, tax assessment, tax assessor
- investmentsbonds, stocks, securities, investment, equities
residential propertycommercial property
Buildings for business use
commercial real estate · business property · farmland · public property · government property
residential, property, residence, resident, reside, residing, resided, resides, residency