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Also, I would recommend an immediate title search, specifically looking for mortgages.
For instance, on Gamma Zeta, LCAP immediately took out a mortgage on the property with the Lambda Chi Ed. Foundation for $175,000. Good luck trying to get another mortgage from a lending institute with another outstanding mortgage on the property.
Great job, LCAP. Screwing the alumni and undergrads out of their homes, making it impossible for them to ever get their houses back.
I hope you sleep well at night knowing your mismanagement has caused great pain and suffering to thousands of undergrad LXA's that don't know where they will be living next year.
Bravo.
*For clarification; I am referring to the PRE-collapse LCAP, NOT the current volunteers who were put in the difficult situation of trying to fix this mess without bankrupting the fraternity.
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