For chapters with newly acquired property or chapters lacking a “landlord” for their house, creating a house corporation is one of the best things you can do. A house corporation not only acts as a landlord to oversee the management and maintenance of the chapter’s house and property, but it also ensures the safety and legality of the property. Here are five steps to creating your house corporation. Be warned, the process is complicated and can be very confusing and frustrating at times. However, the benefits and sense of security are well worth all the stress, time, and confusion.
