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What is defined as a building containing one or more residential dwelling units intended for long-term living?
A residential property
A commercial property
A mixed-use property
A transient property
The correct answer is: A residential property
A residential property is specifically defined as a building that contains one or more residential dwelling units intended for long-term living. This definition encompasses various types of buildings that are used as homes such as single-family houses, duplexes, and multi-family apartment buildings. The focus on long-term living distinguishes residential properties from other property types, thereby indicating their intended use as a stable and consistent place of residence over an extended period, typically more than a few months. In contrast, commercial properties are intended for business activities rather than living accommodations, while mixed-use properties combine residential and commercial spaces but do not exclusively cater to long-term living. Transient properties, on the other hand, are designed for short-term stays, such as hotels or motels, which also sets them apart from the concept of long-term residential living.