[33girl]

Also, if the house is not owned by the university or a housing corp, the landlord might not give a rat's ass if your charter is pulled or not, and you can keep living there forever. Especially if you have been good tenants.

Sometimes the school might derecognize but the national org might not, which means you still have your charter, or the national org might take the charter, but the school might say "they're a-holes...change your name and carry on." It's not always a black & white issue. Every situation is different.