to dwell permanently or for a considerable time: She resides at 15 Maple Street.
2.
(of things, qualities, etc.) to abide, lie, or be present habitually; exist or be inherent (usually followed by in).
3.
to rest or be vested, as powers, rights, etc. (usually followed by in).
Origin: 1425–75; late Middle English residen < Middle French resider < Latin residēre, equivalent to re-re- + -sidēre, combining form of sedēre to sit1
c.1460, "to settle," from O.Fr. resider, from L. residere "to remain behind, rest," from re- "back, again" + sedere "to sit" (see sedentary). Meaning "to dwell permanently" first attested 1578. Resident first recorded 1382, as an adj.; the noun meaning "one who resides"