I'll quote this below to defuse the "confusion:"
Version History of mIRC 5.61
Fixed lock dialog password bug.
Improved support for IRCX servers:
Added property $nick().owner, isowner if comparison, and q\r property to $nick(#,N,aohvrq,aohvrq) where q is for owners.
Added on OWNER/DEOWNER events, work the same as on OP/DEOP, and $mode().owner/deowner properties.