Are these normal clauses in a Property Management Agreement?

[Addy Cash]

I am about to sign an Agreement with a Property Manager who I'm hiring to manage my rental property (residential townhome) in Oregon state. The following clauses in the agreement seem a bit weird to me, are these normal:

1. The Property Owner shall obtain and maintain full control of renewal of property and liability insurance coverage naming the Property Manager as co-insured, including fire and a minimum of $100,000 liability coverage; the Manager has no duty or responsibility with respect to any insurance coverage.
2. In the event the Owner enters an agreement for sale of the property, or an agreement to list the property for sale, Owner agrees Manager may terminate this agreement immediately, without any advance notice to the Owner.
3. This Agreement may be terminated without cause at any time by either party with a sixty (60) day written Notice of Termination. If this agreement is terminated by Owner during the term of any Rental Agreement, Owner agrees to pay an amount to Manager equal to 50% of the management fees that would accrue during the remaining term of any rental agreement in effect at the end of the 60 day notice period.

Should I be wary or am I overreacting?

[Chris Seveney]

Quote from @Addy Cash:

I am about to sign an Agreement with a Property Manager who I'm hiring to manage my rental property (residential townhome) in Oregon state. The following clauses in the agreement seem a bit weird to me, are these normal:

1. The Property Owner shall obtain and maintain full control of renewal of property and liability insurance coverage naming the Property Manager as co-insured, including fire and a minimum of $100,000 liability coverage; the Manager has no duty or responsibility with respect to any insurance coverage.
2. In the event the Owner enters an agreement for sale of the property, or an agreement to list the property for sale, Owner agrees Manager may terminate this agreement immediately, without any advance notice to the Owner.
3. This Agreement may be terminated without cause at any time by either party with a sixty (60) day written Notice of Termination. If this agreement is terminated by Owner during the term of any Rental Agreement, Owner agrees to pay an amount to Manager equal to 50% of the management fees that would accrue during the remaining term of any rental agreement in effect at the end of the 60 day notice period.

Should I be wary or am I overreacting?

 make sure to read the indemnification language and its mutual indemnification. Many will have you cover their costs even if they knowingly break the law.