### Question
What is the definition of residential property?


### Answer
The definition of **residential property** is as follows 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**

