noun
property ward
A special local public body in Japan that owns and manages property (such as forests or community assets) and bears the associated expenses. Often a remnant of former village or hamlet common holdings. Technical legal term.
See also: 特別地方公共団体 (とくべつちほうこうきょうだんたい)
この山林は財産区が管理している。
This forest is managed by the property ward.
財産区は特別地方公共団体の一種です。
A property ward is a type of special local public body.
Compound of 財産 (property) and 区 (ward, district). The term is a modern legal designation under Japanese local autonomy law.