noun
general property; ordinary property
Legal/administrative term for government-owned property that is not designated for public use (公共用財産) or for specific administrative purposes (公用財産). It can be sold, leased, or otherwise disposed of under ordinary rules.
国有地のうち、普通財産は民間に売却されることがある。
Among national land, general property may be sold to the private sector.
行政財産 is government property used for public services or administrative purposes, while 普通財産 is government property that can be disposed of or used for revenue.
Compound of 普通 (general, ordinary) and 財産 (property, assets). The term is used in Japanese public asset management law.