EXHIBIT 21 LENNAR CORPORATION AND SUBSIDIARIES STATE OF INCORPORATION ---------------------- LENNAR CORPORATION Delaware - -------------------------------------------------------------------- SUBSIDIARIES: - ------------- Adjustable Mortgage Finance Corporation Florida Alexandria LP, Inc. Virginia Ameristar Financial Services, Inc. California Atlantic Holdings, Inc. Louisiana Aurora LP, Inc. Colorado BCDC Corp. California Bert L. Smokler & Company Delaware Boca Greens, Inc. Florida Boca Isles Club, Inc. Florida Boca Isles South Club, Inc. Florida Bramalea California, Inc. California Bramalea California Properties, Inc. California Bramalea California Realty, Inc. California Bramalea Mortgage, Inc. California Bramalea California LLC California 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 Everett LP, Inc. Massachusetts 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 Houston Village Builders, Inc. Florida Inactive Corporations, Inc. Florida Institutional Mortgages, Inc. Florida Kings Isle Recreation Corp. Florida Kings Ridge Golf Corporation Florida Kings Ridge Recreation Corporation Florida L/Cleve, Inc. Florida LENNAR CORPORATION AND SUBSIDIARIES, continued SUBSIDIARY 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 Business Holdings, Inc. Florida Lennar Capital Corporation Florida Lennar-Carson, Inc. Lennar Central Holdings, Inc. Florida Lennar Commercial Properties, Inc. Florida Lennar Communications, Inc. Florida Lennar Communities Development, Inc. Delaware Lennar Corporate Center, Inc. Florida Lennar-Corry, Inc. Florida Lennar Coto Holdings, Inc. California 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 Gateway Center Holdings, Inc. Massachusetts Lennar Homes of Arizona, Inc. Arizona Lennar Homes of California, Inc. California Lennar Homes of Texas, Inc. Texas Lennar Homes, Inc. Florida Lennar Huntington Beach, Inc. California Lennar Kearny Holdings, Inc. Nevada Lennar L.W. Assets, Inc. Florida Lennar Legend Oaks Holdings, Inc. Colorado Lennar Management Corporation Florida Lennar Management, Inc. California Lennar Marietta Holdings, Inc. Georgia Lennar Mayfair Holdings, Inc. Florida Lennar MBS, Inc. Nevada 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 Pacific Holdings, Inc. California Lennar Park Center III Holdings, Inc. Virginia Lennar Park J.V., Inc. Florida Lennar Partners, Inc. Florida Lennar Partners of Los Angeles, Inc. California Lennar Qualified Affiliate II Corporation Florida Lennar Real Estate Holdings, Inc. Florida Lennar Realty Inc. Florida Lennar Renaissance, Inc. California Lennar Rockland, Inc. Florida Lennar Rolling Ridge, Inc. California Lennar San Jose Holdings, Inc. California Lennar Seaboard Holdings, Inc. Florida Lennar Securities Holdings, Inc. Florida LENNAR CORPORATION AND SUBSIDIARIES, continued SUBSIDIARY STATE OF INCORPORATION - ---------- ---------------------- Lennar Stevenson Holdings, Inc. California 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 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 Marlborough Development Corporation California Marlborough Development Corporation Arizona Marlborough Financial Corporation California Marlborough Mortgage Corporation California Marlborough Housing Industries Corp. California Midland Housing Industries Corp. California 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 Nevada Securities Holdings, Inc. Nevada 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 Regency Title Company Texas Riviera Land Corp. Florida Satisfaction, Inc. Florida Silver Lakes-Gateway Clubhouse, 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 Mortgage Co. of California California 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 Western Funding Holdings Corporation Nevada Western States Investors, Inc. Nevada