Name for a kind of topological property?

What should I call a property (P) of (open) subspaces of a space $X$ such that:

1. If $U$ satisfies (P), then so does every open subset $V\subset U$

2. If {$U_i$} is a pairwise disjoint collection of sets satisfying (P), then $\bigcup_i U_i$ satisfies (P). (Unable to make braces?)

My understanding is that if (P) satisfies condition 1, then (P) is called a hereditary property.

CLARIFICATION: My main question is really: is there existing terminology for such a property?

I will, however be happy to consider suggestions on the secondary question: if not, then what should I call it?

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I would say that hereditary is generally reserved for properties which are inherited by all subspaces, not just open ones. To be honest, I would not introduce a name for such a thing, but only a shorthand («Let us, for briefness, call excellent a property such that ... and ...», and then talk about «excellent properties»; if the concept catches up, this makes it more probable that you get immortalized with «Stromian property» or something!) –  Mariano Suárez-Alvarez Aug 20 '10 at 14:51
Rather than using pedestrian adjectives like excellent or good (unless you are really trying to get it named after you), it maybe better to make a definition to the effect that a property (P) satisfying conditions (1) and (2) are said to be in class S. –  Willie Wong Aug 20 '10 at 15:39
I find adjectives more readable. Compare "Take a good property and assume..." with "Take a property of class S and assume..." –  Andrea Ferretti Aug 20 '10 at 15:56
I should have said this before: if you are going to pick an adjective, please oh please let it be not «admissible»! –  Mariano Suárez-Alvarez Aug 20 '10 at 19:45
@Mariano. I was thinking of "regular." –  Jeff Strom Aug 20 '10 at 21:01