In England and Wales, a residential property is a type of real estate that is designed or adapted for people to live in. It includes a range of dwelling types, such as houses, flats, apartments, and other structures where individuals or families reside. Residential properties are distinct from commercial or industrial properties, which are used for business purposes.
The legal and regulatory framework for residential properties in England and Wales covers various aspects, including landlord and tenant law, housing standards, tenancy agreements, and other regulations aimed at ensuring the safety, habitability, and fair treatment of individuals living in these properties. The rules and requirements can vary, and compliance is essential for both landlords and tenants.