hot property

From sense hot (“illegal, stolen”) – compare hot check (“fraudulent check”).

hot property (usually uncountable, plural hot properties)

1. Stolen goods.
2. Something that is highly sought after.
   • 1969, Allen V. Ross, Vice in Bombay, London: Tallis Press, page 169:

     There was Nimmi (pronounced Neemi), a honey-coloured, nymph-like beauty. She had done a lascivious mating dance in an Indian technicolour epic called Aan, and she was hot property at the box office.

• (stolen goods): See Thesaurus:booty

• hot check