Deloitte &
    Touche
                  Certified Public Accountants Suite 2500
                                               100 Southeast Second Street
                                               Miami, Florida 33131-2135
                                               Telephone: (305) 358-4141
                                               Facsimile: (305) 358-1451

April 15, 1994

Lennar Corporation
Seven Hundred N.W. 107th Avenue
Miami, Florida 33172

Dear Sirs:

At your request, we have read the description included in your 
quarterly Report on Form 10-Q to the Securities and Exchange 
Commission for the quarter ended February 28, 1994, of the facts 
relating to the change from the disaggregated undiscounted method 
of valuing purchased mortgage servicing rights to the disaggregated
discounted method. We believe, on the basis of the facts so set forth
and other information furnished to us by appropriate officials of the 
Company, that the accounting change described in your Form 10-Q 
is to an alternative accounting principal that is preferable 
under the circumstances.

We have not audited any consolidated financial statements of 
Lennar Corporation and its consolidated subsidiaries as of any 
date or for any period. Therefore, we are unable to express, 
and we do not express, an opinion on the facts set forth in 
the above-mentioned Form 10-Q, on the related information furnished 
to us by officials of the Company, or on the consolidated financial 
position, results of operations, or cash flows of Lennar Corporation 
and its consolidated subsidiaries as of any date or for any 
period.

Yours truly,

/s/ DELOITTE & TOUCHE
    Deloitte & Touche