### Question
Can you define what residential property means?


### Answer
**Residential property** is defined as the following in *12 U.S.C. § 1715z*:

> a property that is a multifamily housing project or a single family property

#### Citation:
  - *12 U.S.C. § 1715z*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER II-MORTGAGE INSURANCE**

