EXHIBIT 21 LENNAR CORPORATION AND SUBSIDIARIES STATE OF INCORPORATION ---------------------- LENNAR CORPORATION Delaware - -------------------------------------------------------------------- SUBSIDIARIES: - ------------- Adjustable Mortgage Finance Corporation Florida Ameristar Financial Services, Inc. California Atlantic Holdings, Inc. Louisiana Bert L. Smokler & Company Delaware Boca Greens, Inc. Florida Boca Isles Club, Inc. Florida Boca Isles South Club, Inc. Florida Club Pembroke Isles, Inc. Florida DCA Acceptance Corporation Florida DCA at Banyan Tree, Inc. Florida DCA at North Lauderdale, Inc. Florida DCA at Pembroke Pointe, Inc. Florida DCA at Wiggins Bay, Inc. Florida DCA Builder Issuer, Inc. Florida DCA CML Acceptance, Inc. Florida DCA Financial Corporation Florida DCA General Contractors, Inc. Florida DCA Homes, Inc. Florida DCA Homes of Central Florida, Inc Florida DCA Management Corporation Florida DCA NJ Realty, Inc. New Jersey DCA of Broward County, Inc. Florida DCA of Fort Worth, Inc. Texas DCA of Hialeah, Inc. Florida DCA of Lake Worth, Inc. Florida DCA of New Jersey, Inc. New Jersey DCA of Texas, Inc. Texas DCA of West Virginia, Inc. West Virginia DCA Oil of Texas, Inc. Texas Devco Land Corp. Florida Devco Shopping Centers, Inc. Florida Development Corporation of America Florida Dreyfus Interstate Development Corp., The Delaware Dyeing & Finishing, Inc. Florida First Atlantic Building Corp. Florida Friendswood Development Company Florida H. Miller & Sons Inc. Florida H. Miller & Sons of Florida, Inc. Florida HMS Realty, Inc. Florida Hillside, Inc. Florida Inactive Corporations, Inc. Florida Institutional Mortgages, Inc. Florida Kings Isle Recreation Corp. Florida LENNAR CORPORATION AND SUBSIDIARIES, continued SUBSIDIARIES: STATE OF INCORPORATION - ------------- ---------------------- LC Financial Corporation Florida LCP-II Holdings, Inc. Florida Leisure Colony Management Corp. Florida Leisure Communities Management, Inc. Florida Len Acquisition Corporation Florida Lennar Affiliate Purchaser Corporation Florida Lennar Atlantic Holdings, Inc. Florida Lennar Beverly Holdings, Inc. Nevada Lennar Capital Corporation Florida Lennar-Carson, Inc. Florida Lennar Central Holdings, Inc. Florida Lennar Commercial Properties, Inc. Florida Lennar Communities Development, Inc. Delaware Lennar Corporate Center, Inc. Florida Lennar-Corry, Inc. Florida Lennar Domestic Holdings, Inc. Florida Lennar Eastern Holdings, Inc. Florida Lennar Financial Services, Inc. Florida Lennar Florida Holdings, Inc. Florida Lennar Funding Corporation Florida Lennar Homes of Arizona, Inc. Arizona Lennar Homes of Texas, Inc. Texas Lennar Homes, Inc. Florida Lennar Kearny Holdings, Inc. Nevada Lennar L.W. Assets, Inc. Florida Lennar Management Corporation Florida Lennar Management, Inc. California Lennar Mayfair Holdings, Inc. Florida Lennar Metro Holdings, Inc. Florida Lennar Mortgage Holdings Corporation Florida Lennar Mortgage Holdings I, Inc. Florida Lennar Mote Ranch, Inc. Florida Lennar MSW-II Holdings, Inc. Florida Lennar Northeast Holdings, Inc. Florida Lennar Park J.V., Inc. Florida Lennar Partners, Inc. Florida Lennar Partners of California, Inc. Florida Lennar Qualified Affiliate II Corporation Florida Lennar Real Estate Holdings, Inc. Florida Lennar Realty Inc. Florida Lennar Rolling Ridge, Inc. California Lennar Seaboard Holdings, Inc. Florida Lennar Securities Holdings, Inc. Florida Lennar Texas Properties, Inc. Texas Lennar Transamerica Holdings, Inc. Florida Lennar U. S. Holdings, Inc. Florida Lennar Wilshire Holdings, Inc. Nevada Lentex Development Corporation Texas LFH Sub I, Inc. Florida LFS Asset Corp. Nevada LENNAR CORPORATION AND SUBSIDIARIES, continued SUBSIDIARIES: STATE OF INCORPORATION - ------------- ---------------------- LFS CMBS Investments, Inc. Nevada LGP-II Holdings, Inc. Florida Loan Funding, Inc. Florida Lucerne Greens, Inc. Florida Lucerne Merged Condominiums, Inc. Florida MAP Builders, Inc. Florida M.A.P. Vineyards of Plantation, Inc. Florida Midwest Management Company, Inc. Michigan Miller's Plantation Development Company Florida Monterey Village Development Corp. Florida MSWH SUB I, Inc. Florida Multi-Builder Acceptance Corp. Alabama NGMC Finance Corporation Florida NGMC Finance Corporation, IV Florida Parkview at Pembroke Pointe, Inc. Florida P-G & H, Inc. West Virginia Quality Roof Truss Company Florida Riviera Land Corp. Florida Satisfaction, Inc. Florida South Dade Utilities, Inc. Florida Springs Development Corporation Florida State Home Acceptance Corporation Florida Strategic Technologies, Inc. Florida Sunrise Hotel Corp. Florida Superior Realty & Marketing, Inc. Florida Talladega Manufacturing, Inc. Alabama TitleAmerica Insurance Corporation Florida UAMC Asset Corp. Nevada Universal American Finance Corp., I Florida Universal American Mortgage Company Florida Universal American Realty Corporation Delaware Universal Title Insurors, Inc. Florida Vista Del Lago Apartments, Inc. Florida West Coast Mortgage Holdings, Inc. Florida W. B. Homes, Inc. Florida