Which type of property is classified as Private Property (PP) in traffic regulations?

Private Property (PP) is classified as property that is owned by individuals, organizations, or entities rather than the government or public sector. In this context, residential property falls under this classification because it is typically owned by private individuals or families. This includes single-family homes, duplexes, and any land associated with those residences.

In contrast, public parks and paved streets are owned and maintained by government entities, meaning they are public spaces accessible to everyone. Shopping mall parking lots, while privately owned, are generally open to the public for commerce and are subject to specific traffic regulations applicable to commercial properties, which may not classify them strictly as private property in the same context as residential areas. Therefore, residential property is the clearest example of what is considered Private Property in traffic regulations.