But does 91.417 (a) (1) require any entry in that aircraft record that the condition inspection was performed? (if the aircraft was found to not be in a condition for safe operation)
If not, I don’t see a need to make any entry in the owners log at all.
The "requirement" comes from the operating limitations, not 14 CFR 91. And since most OL's only require a "positive" entry (the airplane IS in a condition for safe operation), one can find it NOT safe a thousand times without the requirement to document it.