Quote:
Originally posted by lionlove
There was a fraternity on my campus that closed three years ago. The national organization still owns the large tudor style house that the brothers used to live in. It is in desperate need of renovation and all of the national organization's attempts to rent the house out until the fraternity can return to campus have been unsucessful.
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Shadokat,
What you say is often true, but not always. I also suspect that there is a difference between fraternity and sorority properties. Frankly, sororities take much better care of their houses. And they aren't subjected to the parties that fraternity houses are.
As you can see in the case lionlove sites above, owning a house that your chapter isn't living in can be a real liability.
We finally sold our spectacular chapter house at the University of Colorado at Boulder to the university after it had been trashed when the chapter lost it's charter for the third time.