A resident is a person who lives within the boundaries of a governmental unit however defined and qualifies for the services provided by that unit.
Under the law, you are a resident of whereever you say you live, but some rights and services have specific residency requirements. For example, you often must be a resident for a specified period to register to vote. Some states have residency requirements to qualify for in-state tuition at state universities. Similarly public schools sometimes require proof of residency to insure that its students live within the school district.
Related Fool Articles
Recent Mentions on Fool.com
- 3 Value Stocks Near 52-Week Lows Worth Buying
- Can I Take Out My 401(k) When I'm Not Working?
- The Surprising State That Could Become the 24th to Legalize Medical Marijuana
- Expedia, Inc. Makes Yet Another Acquisition With HomeAway
- 1 Chart That Shows How Texas Is Blowing Away Wind Generation
- 3 Ways Oregon Is Setting the "Green" Standard for the Marijuana Industry