1. It is independent of initial concentrations of the reactants, the direction from (reactant or product) which equilibrium attained.
2. The value of equilibrium constant independent of Volume, Pressure, and presence of catalyst or any inert material.
3. Equilibrium constant gives relative idea about the extent to which the reaction takes place.
4. At a given temperature, the equilibrium constant of a particular reaction has definite value.
5. If its (Kc or Kp) value is large, then the forward reaction takes place nearly to completion whereas backward reaction to a small extent Vice versa.
6. If the forward reaction is exothermic, then the value of Kc or KP decreases. Vice versa.
7. In a reversible reaction, the value of equilibrium constant of forward reaction is reciprocal of backward reaction, i.e., Kf = 1/Kb.
8. The value of equilibrium constant depends on the stoichiometry of reactants, and products at equilibrium.