Address type &1 does not exist: Address usage &1 &2 cannot be created

What causes this issue?

You have attempted to assign an address to an address type that does not
exist.

System Response

Error message. The address is not changed.

How to fix this error?

Check and maintain the address type in Customizing <DS:SIMG._CABP_TB009>
Define Address Types</>.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.