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Community Property 

A promiscuous person who doesn't belong to one person romantically, despite being claimed by one or more individuals. This person has a reputation for sleeping with various individuals and belongs to anyone who is willing to give them a good time.
"Hey Girl, I heard you were dating Allen. Well I'm here to inform you that he is community property and I wouldn't get my hopes on anything serious with him."
Community Property by RAGTAGFAG December 18, 2014

Det Property 

The term given to girls who hook up with multiple marines, which means she's now officially property of the marine detachment.
After everyone found out she hooked up with the sgt and then the ssgt,erika was definitely det property.

Transitive Property of Butt Fucking

For N people n1, n2, n3... ...nN, if n1=n2 and n2=n3... nN-1=nN, Then n1=nN, where = can be verbalized as 'is butt fucking.'
If Preston is butt fucking me, and I'm butt fucking Eric, by the Transitive Property of Butt Fucking, Preston is butt fucking Eric.

property tax

Fred: Yay. I bought a house worth $200,000. Woohoo!

Government: Okay Fred. Gimme $5000 NOW.

Fred: WTF?

Government: Do you not get it? I said give me $5000 now, and you will do so every year you numbskull. It's called the "property tax". If you don't, I will seize your house.

Fred: What???? But it is my property. Why are you forcibly taking away a part of it.

Government: Because you're my bitch.
property tax by 1nfid3l June 24, 2011

the property of ones 

The theory regarding ones that the one-itude is directly proportional to the cold-itude of the one.
"A one that is not cold, is scarcely a one at all."

Intellectual Property 

the excuse used by the MPAA and RIAA use to legitamize the claim that they should own the world.
"shit man, i was going to download those Mp3's, but i found out they are someone else's intellectual property"