Which of the following is NOT typically included in 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!

In a property management agreement, the inclusion of items such as terms of financial reporting, responsibilities regarding property maintenance, and agency fees and commissions aligns with standard practices in property management. These elements are essential to establish the management relationship and clarify the expectations between the property owner and the property management company.

On the other hand, while tenant dispute resolution processes can be an important aspect of property management, they are often not explicitly detailed in property management agreements. Instead, these agreements typically focus on the broader responsibilities of the management team, such as collecting rents, maintaining the property, and providing financial reports. Specific tenant dispute resolutions are often addressed separately, either through lease agreements directly with the tenants or through relevant laws and regulations. Therefore, it's common for a property management agreement to not include detailed procedures for dealing with tenant disputes, making that the least typical inclusion in such contracts.

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