In which section of a property management agreement would the ownership of the properties be verified?

The verification of property ownership is typically found in the owner's covenants section of a property management agreement. This section outlines the obligations and responsibilities of the owner, which often includes affirmations regarding their legal ownership of the property. The owner must confirm that they have the authority to enter into the management agreement and that no other parties have conflicting claims to the property. This is crucial for ensuring that the property management company can operate without legal complications related to ownership disputes.

In contrast, the insurance clause addresses coverage and risk management aspects, not ownership verification. The fees and commissions section focuses on the financial arrangements between the owner and the property management company, which does not include verification of property ownership. Lastly, the termination section deals with the conditions under which the management agreement can be ended and does not pertain to ownership verification either. Therefore, the owner’s covenants provide the necessary framework to establish and confirm ownership.