To reside means to live or have your home in a certain place. People often use it when talking about where they officially live for a long time.
They reside in a small house.
I reside near the city center.
This use of reside means to exist or be found in a person, place, or thing. It often refers to qualities, power, or responsibility.
Power resides in the people.
Responsibility resides with the manager.
To reside can mean to have your legal home or address in a specific place, often for official or legal reasons like citizenship or taxes.
She resides legally in the country.
He resides at his official address.
In technical language, reside means that information or programs exist or are stored in a particular place like a computer memory or device.
The data resides in the server's memory.
The program resides on your computer.
This meaning is similar to 'belong' but focuses on where something is placed or exists, often used for abstract ideas or duties.
The responsibility resides with the head teacher.
The hope resides in young people.