Understanding Residential Properties: What You Need to Know
Residential refers to something that is related to or intended for use in a person's home or personal residence. This can include things like residential real estate, residential property, residential neighborhoods, and so on.
In the context of your question, "residential" is likely being used to describe the type of building or structure that the property is intended for, as opposed to commercial or industrial properties. So, a residential property would be a house or apartment building that is intended for use as a private residence, rather than a business or office space.
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