 During the same year the University of South Florida obtained the manor house and surrounding property, signing a four-year lease as the University of Florida had previously.Under the governance of the University of South Florida, the Chinsegut Hill manor house has undergone several modifications and "modernizations” -in line with the university's intention to utilize the site as a conference center.The university signed a 20-year lease in 1962 and has since expended vast amounts of time and money to preserve and restore the property.