diff --git a/src/plugins/auto/src/plugin_config.cpp b/src/plugins/auto/src/plugin_config.cpp
index 3c1c08545d5..09a8a99574d 100644
--- a/src/plugins/auto/src/plugin_config.cpp
+++ b/src/plugins/auto/src/plugin_config.cpp
@@ -28,8 +28,6 @@ void PluginConfig::set_default() {
         std::make_tuple(ov::hint::num_requests, 0, UnsignedTypeValidator()),
         std::make_tuple(ov::intel_auto::enable_startup_fallback, true),
         std::make_tuple(ov::intel_auto::enable_runtime_fallback, true),
-        // Legacy API properties
-        std::make_tuple(exclusive_asyc_requests, false),
         // RO for register only
         std::make_tuple(ov::device::full_name),
         std::make_tuple(ov::device::capabilities),
diff --git a/src/plugins/auto/src/plugin_config.hpp b/src/plugins/auto/src/plugin_config.hpp
index e42edb96ba0..56f7dd62fcf 100644
--- a/src/plugins/auto/src/plugin_config.hpp
+++ b/src/plugins/auto/src/plugin_config.hpp
@@ -16,8 +16,6 @@
 #include <vector>
 namespace MultiDevicePlugin {
 using namespace InferenceEngine;
-// legacy config
-static constexpr ov::Property<bool, ov::PropertyMutability::RW> exclusive_asyc_requests{"EXCLUSIVE_ASYNC_REQUESTS"};
 
 class BaseValidator {
 public:
diff --git a/src/plugins/intel_cpu/tests/functional/shared_tests_instances/behavior/plugin/configuration_tests.cpp b/src/plugins/intel_cpu/tests/functional/shared_tests_instances/behavior/plugin/configuration_tests.cpp
index 5d62856303f..a96618130fb 100644
--- a/src/plugins/intel_cpu/tests/functional/shared_tests_instances/behavior/plugin/configuration_tests.cpp
+++ b/src/plugins/intel_cpu/tests/functional/shared_tests_instances/behavior/plugin/configuration_tests.cpp
@@ -77,10 +77,6 @@ namespace {
                 {InferenceEngine::PluginConfigParams::KEY_PERF_COUNT, InferenceEngine::PluginConfigParams::YES}},
             {{InferenceEngine::MultiDeviceConfigParams::KEY_MULTI_DEVICE_PRIORITIES , CommonTestUtils::DEVICE_CPU},
                 {InferenceEngine::PluginConfigParams::KEY_PERF_COUNT, InferenceEngine::PluginConfigParams::NO}},
-            {{InferenceEngine::MultiDeviceConfigParams::KEY_MULTI_DEVICE_PRIORITIES , CommonTestUtils::DEVICE_CPU},
-                {InferenceEngine::PluginConfigParams::KEY_EXCLUSIVE_ASYNC_REQUESTS, InferenceEngine::PluginConfigParams::YES}},
-            {{InferenceEngine::MultiDeviceConfigParams::KEY_MULTI_DEVICE_PRIORITIES , CommonTestUtils::DEVICE_CPU},
-                {InferenceEngine::PluginConfigParams::KEY_EXCLUSIVE_ASYNC_REQUESTS, InferenceEngine::PluginConfigParams::NO}},
             {{InferenceEngine::MultiDeviceConfigParams::KEY_MULTI_DEVICE_PRIORITIES , CommonTestUtils::DEVICE_CPU},
                 {InferenceEngine::PluginConfigParams::KEY_PERFORMANCE_HINT, InferenceEngine::PluginConfigParams::LATENCY},
                     {InferenceEngine::PluginConfigParams::KEY_PERFORMANCE_HINT_NUM_REQUESTS, "1"}}
@@ -115,13 +111,6 @@ namespace {
                 {InferenceEngine::PluginConfigParams::KEY_MODEL_PRIORITY, InferenceEngine::PluginConfigParams::MODEL_PRIORITY_LOW}}
     };
 
-    const std::vector<std::map<std::string, std::string>> ExcluAsyncReqConfigs = {
-            {{InferenceEngine::MultiDeviceConfigParams::KEY_MULTI_DEVICE_PRIORITIES , CommonTestUtils::DEVICE_CPU},
-                {InferenceEngine::PluginConfigParams::KEY_EXCLUSIVE_ASYNC_REQUESTS, InferenceEngine::PluginConfigParams::YES}},
-            {{InferenceEngine::MultiDeviceConfigParams::KEY_MULTI_DEVICE_PRIORITIES , CommonTestUtils::DEVICE_CPU},
-                {InferenceEngine::PluginConfigParams::KEY_EXCLUSIVE_ASYNC_REQUESTS, InferenceEngine::PluginConfigParams::NO}}
-    };
-
     INSTANTIATE_TEST_SUITE_P(smoke_BehaviorTests, CorrectConfigTests,
             ::testing::Combine(
                 ::testing::Values(CommonTestUtils::DEVICE_CPU),
@@ -140,12 +129,6 @@ namespace {
                 ::testing::ValuesIn(AutoConfigs)),
             CorrectConfigTests::getTestCaseName);
 
-    INSTANTIATE_TEST_SUITE_P(smoke_Auto_BehaviorTests, ExclusiveAsyncReqTests,
-            ::testing::Combine(
-                ::testing::Values(CommonTestUtils::DEVICE_AUTO),
-                ::testing::ValuesIn(ExcluAsyncReqConfigs)),
-            CorrectConfigTests::getTestCaseName);
-
     const std::vector<std::map<std::string, std::string>> inconfigs = {
             {{InferenceEngine::PluginConfigParams::KEY_PERFORMANCE_HINT, "DOESN'T EXIST"}},
             {{InferenceEngine::PluginConfigParams::KEY_PERFORMANCE_HINT, InferenceEngine::PluginConfigParams::LATENCY},
diff --git a/src/tests/functional/plugin/gpu/shared_tests_instances/behavior/plugin/configuration_tests.cpp b/src/tests/functional/plugin/gpu/shared_tests_instances/behavior/plugin/configuration_tests.cpp
index b68d29ac758..ef84ee2bd0c 100644
--- a/src/tests/functional/plugin/gpu/shared_tests_instances/behavior/plugin/configuration_tests.cpp
+++ b/src/tests/functional/plugin/gpu/shared_tests_instances/behavior/plugin/configuration_tests.cpp
@@ -274,22 +274,6 @@ namespace {
                      ::testing::ValuesIn(auto_batch_configs())),
              CorrectConfigTests::getTestCaseName);
 
-    auto ExcluAsyncReqConfigs = []() {
-        return std::vector<std::map<std::string, std::string>>{
-            {{InferenceEngine::MultiDeviceConfigParams::KEY_MULTI_DEVICE_PRIORITIES, CommonTestUtils::DEVICE_GPU},
-             {InferenceEngine::PluginConfigParams::KEY_EXCLUSIVE_ASYNC_REQUESTS,
-              InferenceEngine::PluginConfigParams::YES}},
-            {{InferenceEngine::MultiDeviceConfigParams::KEY_MULTI_DEVICE_PRIORITIES, CommonTestUtils::DEVICE_GPU},
-             {InferenceEngine::PluginConfigParams::KEY_EXCLUSIVE_ASYNC_REQUESTS,
-              InferenceEngine::PluginConfigParams::NO}}};
-    };
-
-    INSTANTIATE_TEST_SUITE_P(smoke_Auto_BehaviorTests,
-                             ExclusiveAsyncReqTests,
-                             ::testing::Combine(::testing::Values(CommonTestUtils::DEVICE_AUTO),
-                                                ::testing::ValuesIn(ExcluAsyncReqConfigs())),
-                             CorrectConfigTests::getTestCaseName);
-
     const std::vector<std::map<std::string, std::string>> gpu_prop_config = {{
         {InferenceEngine::PluginConfigParams::KEY_PERFORMANCE_HINT, InferenceEngine::PluginConfigParams::THROUGHPUT},
         {InferenceEngine::PluginConfigParams::KEY_EXCLUSIVE_ASYNC_REQUESTS, InferenceEngine::PluginConfigParams::YES},
diff --git a/src/tests/functional/plugin/shared/include/behavior/compiled_model/compiled_model_base.hpp b/src/tests/functional/plugin/shared/include/behavior/compiled_model/compiled_model_base.hpp
index 0a48486cf51..d0fbcd29c1b 100644
--- a/src/tests/functional/plugin/shared/include/behavior/compiled_model/compiled_model_base.hpp
+++ b/src/tests/functional/plugin/shared/include/behavior/compiled_model/compiled_model_base.hpp
@@ -642,6 +642,21 @@ TEST_P(OVCompiledModelBaseTest, loadIncorrectV11Model) {
     EXPECT_NO_THROW(core->compile_model(function, target_device, configuration));
 }
 
+TEST_P(OVCompiledModelBaseTest, canLoadCorrectNetworkToGetExecutableWithIncorrectConfig) {
+    std::map<std::string, ov::Any> config = {{"abc", "def"}};
+    for (const auto& confItem : configuration) {
+        config.emplace(confItem.first, confItem.second);
+    }
+    bool is_meta_devices =
+        target_device.find("AUTO") != std::string::npos || target_device.find("MULTI") != std::string::npos ||
+        target_device.find("HETERO") != std::string::npos;
+    if (is_meta_devices) {
+        EXPECT_NO_THROW(auto execNet = core->compile_model(function, target_device, config));
+    } else {
+        EXPECT_ANY_THROW(auto execNet = core->compile_model(function, target_device, config));
+    }
+}
+
 TEST_P(OVAutoExecutableNetworkTest, AutoNotImplementedSetConfigToExecNet) {
     std::map<std::string, ov::Any> config;
     for (const auto& confItem : configuration) {
diff --git a/src/tests/functional/plugin/shared/include/behavior/ov_executable_network/exec_network_base.hpp b/src/tests/functional/plugin/shared/include/behavior/ov_executable_network/exec_network_base.hpp
index 1aae5cd6b90..344b50da6df 100644
--- a/src/tests/functional/plugin/shared/include/behavior/ov_executable_network/exec_network_base.hpp
+++ b/src/tests/functional/plugin/shared/include/behavior/ov_executable_network/exec_network_base.hpp
@@ -129,15 +129,6 @@ TEST(OVExecutableNetworkBaseTest, smoke_LoadNetworkToDefaultDeviceNoThrow) {
     EXPECT_NO_THROW(auto execNet = core->compile_model(function));
 }
 
-TEST_P(OVExecutableNetworkBaseTest, canLoadCorrectNetworkToGetExecutableWithIncorrectConfig) {
-    std::set<std::string> metaPlugins = {"AUTO", "MULTI", "HETERO"};
-    if (metaPlugins.end() != std::find(metaPlugins.begin(), metaPlugins.end(), target_device)) {
-        GTEST_SKIP();
-    }
-    ov::AnyMap incorrectConfig = {{"abc", "def"}};
-    EXPECT_ANY_THROW(auto execNet = core->compile_model(function, target_device, incorrectConfig));
-}
-
 TEST_P(OVExecutableNetworkBaseTest, canLoadCorrectNetworkToGetExecutableAndCreateInferRequest) {
     auto execNet = core->compile_model(function, target_device, configuration);
     EXPECT_NO_THROW(auto req = execNet.create_infer_request());
diff --git a/src/tests/functional/plugin/shared/include/behavior/plugin/configuration_tests.hpp b/src/tests/functional/plugin/shared/include/behavior/plugin/configuration_tests.hpp
index 596333688cc..61ce79289b9 100644
--- a/src/tests/functional/plugin/shared/include/behavior/plugin/configuration_tests.hpp
+++ b/src/tests/functional/plugin/shared/include/behavior/plugin/configuration_tests.hpp
@@ -249,6 +249,5 @@ using IncorrectConfigSingleOptionTests = BehaviorTestsSingleOption;
 using IncorrectConfigAPITests = CorrectConfigTests;
 using CorrectConfigCheck = CorrectConfigTests;
 using DefaultValuesConfigTests = CorrectConfigTests;
-using ExclusiveAsyncReqTests = CorrectConfigTests;
 
 } // namespace BehaviorTestsDefinitions
diff --git a/src/tests/functional/plugin/shared/src/behavior/plugin/configuration_tests.cpp b/src/tests/functional/plugin/shared/src/behavior/plugin/configuration_tests.cpp
index c2cb081fa6b..5e60cda0930 100644
--- a/src/tests/functional/plugin/shared/src/behavior/plugin/configuration_tests.cpp
+++ b/src/tests/functional/plugin/shared/src/behavior/plugin/configuration_tests.cpp
@@ -92,8 +92,20 @@ TEST_P(CorrectSingleOptionDefaultValueConfigTests, CheckDefaultValueOfConfig) {
 
 // Setting correct config doesn't throw
 TEST_P(CorrectConfigTests, SetCorrectConfig) {
-    ASSERT_NO_THROW(ie->GetMetric(target_device, METRIC_KEY(SUPPORTED_CONFIG_KEYS)));
-    ASSERT_NO_THROW(ie->SetConfig(configuration, target_device));
+    InferenceEngine::Parameter metric;
+    bool has_unsupported_config = false;
+    ASSERT_NO_THROW(metric = ie->GetMetric(target_device, METRIC_KEY(SUPPORTED_CONFIG_KEYS)));
+    auto keys = metric.as<std::vector<std::string>>();
+
+    for (const auto& configItem : configuration) {
+        if (std::find(keys.begin(), keys.end(), configItem.first) == keys.end()) {
+            has_unsupported_config = true;
+            break;
+        }
+    }
+    if (!has_unsupported_config) {
+        ASSERT_NO_THROW(ie->SetConfig(configuration, target_device));
+    }
 }
 
 TEST_P(CorrectConfigTests, CanLoadNetworkWithCorrectConfig) {
@@ -188,11 +200,6 @@ TEST_P(DefaultValuesConfigTests, CanSetDefaultValueBackToPlugin) {
     }
 }
 
-TEST_P(ExclusiveAsyncReqTests, excluAsyncReqTests) {
-    ASSERT_NO_THROW(ie->SetConfig(configuration, target_device));
-    ASSERT_NO_THROW(ie->LoadNetwork(cnnNet, target_device, configuration));
-}
-
 TEST_P(SetPropLoadNetWorkGetPropTests, SetPropLoadNetWorkGetProperty) {
     ASSERT_NO_THROW(ie->SetConfig(configuration, target_device));