What are the three key pieces of information contained in the owner's covenants section of a property management agreement?

Prepare for the Oklahoma Property Management Test with multiple choice questions, flashcards, and in-depth explanations. Ace your exam with confidence!

The owner's covenants section of a property management agreement includes essential details that outline the responsibilities and expectations of the property manager. One of the key pieces of information in this section is the identification of the licensee responsible for managing the building. This is crucial as it establishes accountability and clarifies who is authorized to make management decisions on behalf of the property owner.

The inclusion of the licensee’s name and contact information not only ensures that all parties know who to communicate with regarding property management concerns but also affirms that the individual managing the property is properly licensed and qualified to do so. This transparency is vital for maintaining trust and effective communication between the property owner and the manager.

In contrast, personal information such as the owner's social security number, personal banking information, or the property's current market value does not pertain to the covenants governing the management relationship. Instead, these elements are more relevant to financial or legal aspects rather than the operational management of the property. Focusing on the management licensee is thus the most applicable and essential information within this context.

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