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Its lawsuits like this that cause insurance rates for greek organizations to sky rocket. What emotional distress does a property manager incur from a damaged property. Unfortunately, as a property manager your job is to deal with issues and damage as they arise. If you are emotionally distressed by these types of situations, pick up a career in basket weaving.
There's no question that the fraternity should have to pay for the damage. But $500,000? Id guess that $500,000 is worth at least twice as much as the property was ever valued at.
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