LaPierres’ Virginia House Up For Sale

It’s listed at $2.4 million. Here’s confirmation that it is for sale, and of its ownership. Reports of a planned NRA move to Texas can be considered 100% confirmed, and in the near future. The listing has been on Realtor.com for 46 days, so the listing began in late September. The decision to move must have been finalized before then. We’re hearing rumors of offices having been leased in Irving.

We’re told that this was not discussed at the last board meeting, and that the Relocation Committee has not met in over two years. This is being done without any board input. It’s the bankruptcy lawsuit all over again. There is also no indication that the NRA’s employees have ever been told. Let’s amend that. We can assume that a handful of insiders in HQ have been told to make ready, and that everyone else is considered disposable.

This is, as we’ve said before, insanity. NRA is on the edge of fiscal collapse. It’s in no position to acquire a new HQ and move a thousand miles. It’d be sacrificing almost all of its staff, people who have done their job for years or decades, and losing almost all of its institutional memory. It would have a handful of “fat cat” executives, and nobody under them with any knowledge of their new NRA job (or anyone to teach them). For why? Moving HQ to Texas won’t loosen the grip of the NY Attorney General; that’s based on NY law having created the corporation, not on where it is headquartered. NRA physically left NY around a century ago.

Either some insiders are actually out to destroy NRA, or someone is spiking the HQ water with LSD. (As always, for older posts click “blog” in the top menu).

UPDATE: We followed up a suggestion made in comments. If someone gets a court judgement against a defendant, they can enforce it by having the sheriff seize and sell off the defendant’s property. But certain property is “exempt” and cannot be seized. Outside of Pennsylvania, “homestead,” a principal residence, is exempt to various degrees. The sheriff cannot seize it, and if you go bankrupt, you can keep it.

In Virginia, a homestead is exempt up to an equity value of $25,000–very low, the LaPierres’ equity surely approaches $2 million! But in Texas, a homestead is exempt without any limit on its value. You could own the Taj Mahal, but the sheriff can’t seize it to pay off a judgment, and you can go bankrupt and keep it. A person who feared being taken to the cleaners in court would be wise to move from Virginia to Texas and buy the most expensive home possible. Perhaps the plan isn’t for the entire HQ to move, but a smaller portion so long as it includes LaPierre?

Bear in mind that the NY Attorney General is suing LaPierre for cash, and if she wins the cash will go to the NRA. (How ironic is that!) If LaPierre’s relocation is for this reason, you have a nonprofit’s CEO ordering it to make big and costly changes so the CEO can protect himself against being sued for having ripped off his nonprofit. With the nonprofit’s board being perfectly OK with this.

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