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What Fraternity Presidents Should Know About Damage Waivers

  • Writer: Fraternity Matters
    Fraternity Matters
  • Jan 22
  • 1 min read

As chapter president, you are responsible for more than day-to-day operations. You are also protecting your members, your house, and your chapter’s financial stability. A damage waiver is a practical tool that helps support all three.


Risk reduction, not risk elimination

Damage waivers reduce financial exposure when incidents occur, but they do not replace good judgment, strong leadership, or compliance with university and national policies. They work best as part of a broader risk management approach.


Pair waivers with clear house rules

The most effective chapters combine damage waivers with clear expectations around events, guest limits, and alcohol protocols. This reduces incidents and reinforces accountability while keeping financial risk predictable.


Be transparent with members

Presidents should clearly explain what the waiver covers and what it does not. Reviewing this information during chapter meetings and new member education helps avoid confusion and builds trust.


Coordinate with landlords

Many property owners view damage waivers as a sign of responsible management. We can provide landlord briefing materials to help explain how the waiver works and how claims are handled.


Schedule a 15-minute call to review sample waiver language you can include in officer and member handbooks.


 
 
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