Reside (verb)

1. To live or stay in a particular place.
2. To have one's permanent home in a particular place.
3. To be located in a particular place.

Origin:

From the latin word "residere" meaning "to sit back" or "to stay in a place".

Examples:

1. He resides in a small town in the countryside.
2. She resides in a penthouse overlooking the city.
3. The President resides in the White House.
4. The company resides in a modern building in the city center.
5. The company's headquarters resides in New York City.