Co-Ownership Agreements help to protect each tenant's investment in a property. The purpose of an indemnity clause in such an agreement is to:

A.Codifythe duty of fairness,good faith, and loyalty as conditionsof the co-ownership arrangement.

B.Outline the process for making decisions and for resolving disputes.

C.Detail how repairs and maintenance will be paid for, and exactlyhow much will each tenant contribute.

D.Enable each partner to seek compensation for any losses caused by the negligence, misrepresentation, or misconduct of one or more of the partners.