Residential Property

Apartment
An apartment is a self-contained housing unit that occupies only part of a building, typically on a single story. Such buildings may be referred to as an apartment building, apartment complex, flat complex, block of flats, tower block, high-rise, or, occasionally, mansion block (in British English), especially if it consists of many apartments for rent.
Apartment Building
An apartment building is a structure with multiple individual apartment units accessed through a common entrance and hallway. It may also contain commercial spaces, such as stores, typically on the ground floor.
Duplex
A duplex is a residential building that contains two separate dwelling units, each with its own entrance. The term can also refer to an apartment with rooms on two floors.
Garden Apartments
Garden apartments are a type of housing complex that provides tenants with access to a common lawn or garden area, enhancing the living environment with green spaces.
Mid-Month Convention in Taxation
The mid-month convention in taxation concerns the depreciation of residential and nonresidential real property, attributing service or disposal to the midpoint of the month in which these events occur.
Multifamily Housing
Multifamily housing refers to a type of residential structure that contains multiple housing units within the same building, suitable for families or individuals.
Residential Property
In real estate brokerage terminology, residential property refers to owner-occupied housing. These can range from single-family homes to larger multi-family units like duplexes and apartment buildings.
Residential Property
Residential property refers to real estate designated for human habitation, including both single-family homes and multi-family buildings. These properties are typically zoned for private living and can encompass houses, apartments, townhouses, and condominiums.
Town House
A town house is a dwelling unit, generally having two or more floors and attached to other similar units via party walls. Town houses are often used in planned unit developments and condominium developments, which provide for clustered or attached housing and common open space.

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