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This is an interesting topic to say the least.
For years, LXA IHQ was to be the final reciepitent of any LXA Chapter house so they could control it in the event that a Chapter was closed.
That has pretty much fallen by the way side.
Now in most instances, houses owned by Chapters are owned by House Corporations. The school or state cannot come in and take the house without working with the true owners, The House Corp. The Chapter is the leasee, the House Corp. is the leasor.
This is of course if they are leased from an outside person or company or College.
Remember, a House Corporation is just that, a Corporation that is registered with the State where they reside.
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LCA
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Alumni
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