Who would own the house?

The house would be owner by the TKE Housing Corporation

What happens if undergrad membership falls?

We have a strong belief in the current undergrad group to continue to grow and recruit like-minded, goal-oriented members. However, if membership falls below the number to sustain the house it can be sold hopefully for a profit.

What liability would I have as a donor?

Because you are not an investor owner donors would not have any liability.

How will the mortgage, taxes and insurance be paid after the initial down payment has been raised?

We believe the house payments can be sustained though rental income from the undergrads, any outside events that they host, and future contributions from alumni.

Who will be responsible for property maintenance and management?

The Beta Chi Housing Corporation will be responsible for the management of the home with some of the maintenance being assigned to the undergrads.