PM Contract Verbiage

[Charles Pipkin]

Im looking at contracting a PM for a residential multi-unit.  In the contract verbiage it states that the PM company will not be held responsible for any accident, injury, death or damages in/on the property or surrounding areas that are resulting from the condition, maintenance or operation of the property.

I am an out of state investor, so to know if there are any concerning hazards it would be from them notifying me.  Is this typical to have in a contract?  I am a new investor and this would be my first contract.  

Thank you in advance.