[SthrnZeta]

I would think that if the house belonged to the Org's Housing Foundation, then if they choose to close the chapter, the house still belongs to them and they have the right to sell it for whatever they choose. Where does the Univ. get off saying they should get the proceeds? Makes no sense to me... And I could definitely see the org wanting to get all they could out of a chapter they closed - especially if they closed it for reasons of low membership (low funds coming in). Any org would do the same - they are, afterall, a business as well as a sisterhood.