The Quick Properties panel, found in AutoCAD 2009 and up, is a pared-down Properties palette that shows only the properties you choose to display in it. Think of it as a halfway point between the object property tooltips and the full Properties palette.

Caption: Quick Properties panel.
Turn Quick Properties on and off using the QP button on the status bar. When Quick Properties is on, the Quick Properties panel automatically displays a list of properties whenever you select an object. You can edit the properties via the Quick Properties window. If the list of properties is longer than the Quick Properties panel will display, you can expand the panel by moving your cursor over it.
You can set a number of behavior and display parameters by right-clicking on the Quick Properties panel. When Auto-Collapse is not selected, the Quick Properties window retains its full size. Otherwise it appears at a set size regardless
A right-click menu enables you to control the behavior and display of the Quick Properties window. Starting at the bottom of the menu, when the Auto-Collapse option is disabled, the Quick Properties window maintains its full size. Location Mode lets you determine where the panel will display. When you select Cursor, the panel will appear relative to the point you picked when you selected the object. Select Float to have the panel appear in its previous location as a floating window. The Docked option displays it as a panel in the Ribbon.

Caption: Quick Properties location modes.
The Settings option brings up the Quick Properties tab in the Drafting Settings dialog box. Here you can turn Quick Properties on and specify whether the panel will display when any object is selected or only when objects with defined quick properties are selected (more on this later). The Settings box also allows you to fine-tune the location of the Quick Properties panel—you can specify the direction and distance it’s positioned relative to the cursor when the Location selection is Cursor. You can also set the number of rows that are visible when the Quick Properties panel is collapsed.

Caption: Drafting Settings has a tab for Quick Properties options.
In most respects, the Quick Properties panel behaves much like the plain old Properties palette. When you select multiple objects, only those properties common to all selected objects are displayed. Likewise, the top pull-down list allows you to select a specific object type so you can see all quick properties for that object type.

Caption: When multiple objects are selected, you can view those properties common to all selected objects.
To set the Quick Properties for different object types, select the Customize button in the upper right corner of the panel or select Customize in the right-click shortcut menu. This takes you directly to the Quick Properties entry under Ribbon Panels in the Customizations window of the Customize tab. In the right panel, you’ll see a list of defined object types on the left and, next to it, all available properties for the object type checked in the list at the left. Add and remove object types by using the Edit Object Type button at the top right of the list. See the Property Pop-Ups tip above for more details on this process.

Caption: Select an object type in the panel on the left, then check the properties to include in the Quick Properties window in the right pane.
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