Residence right for poet (5)
I believe the answer is:
homer
'poet' is the definition.
(Homer is an example)
'residence right' is the wordplay.
'residence' becomes 'home' (home is a kind of residence).
'right' becomes 'r' (common abbreviation).
'home'+'r'='HOMER'
'for' acts as a link.
(Other definitions for homer that I've seen before include "Measure < of poet's" , "Great Greek poet of the Iliad and the Odyssey" , "Weak official" , "Greek poet - TV's Simpson" , "Pigeon; Greek poet" .)