Buying the house back from LCAP

[Tom Earp]

As I said, I emailed Brother Klimek and got a very quick emailo back from him with answeres to my caretaker question.

I will not place it on site, but from his explanation, I can and do see a better picture of LCAP!

It is a Non Profit Organization within LXA.

Many times and having been there, House Corporations cannot handle the Housing problems and ask LCAP to take them over and operate them as opposed to a local manager who does not have the where with all to run a Fraternity House and understand what it takes.

The situation at UnMass is something that has been discussed several times and I will not go into that either. Oh, the only thing I will mention that was passed on to me was a pipe in the fire supresent system that broke and had to be fixed ASAP or the house would have been closed by the local Fire Department. The renters would have been forced to leave, rental money would have to be repayed and then condemd and lost to LCAP!

In the caretaker form that I asked about, no, there isn't unless all moneys are paid back to LCAP for monies spent for updates and refinancing. This is nothing more than proper, it is not a give me Non Profit part of LXA!

If anyone wishes to check the LCAP site and the function, it is on lambdachi.org for all to read.

LCAP is more than willing to return the property if and only if the Zeta has the where with all to handle the situation!

That is the key isn't it?