Item 16. Form 10-K Summary

None.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.



	LENNAR CORPORATION

	/S/ STUART MILLER
	Stuart Miller
	Chief Executive Officer and Director
	Date:	January 24, 2018

Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:



Principal Executive Officer:

Stuart Miller	/S/ STUART MILLER
Chief Executive Officer and Director	Date:	January 24, 2018

Principal Financial Officer:

Bruce Gross	/S/ BRUCE GROSS
Vice President and Chief Financial Officer	Date:	January 24, 2018

Principal Accounting Officer:

David Collins	/S/ DAVID COLLINS
Controller	Date:	January 24, 2018

Directors:

Irving Bolotin	/S/ IRVING BOLOTIN
	Date:	January 24, 2018

Steven L. Gerard	/S/ STEVEN L. GERARD
	Date:	January 24, 2018

Theron I. ("Tig") Gilliam, Jr.	/s/ THERON I. ("TIG") GILLIAM, JR.
	Date:	January 24, 2018

Sherrill W. Hudson	/S/ SHERRILL W. HUDSON
	Date:	January 24, 2018

Sidney Lapidus	/S/ SIDNEY LAPIDUS
	Date:	January 24, 2018

Teri McClure	/S/ TERI MCCLURE
	Date:	January 24, 2018

Armando Olivera	/S/ ARMANDO OLIVERA
	Date:	January 24, 2018

Donna Shalala	/S/ DONNA SHALALA
	Date:	January 24, 2018

Jeffrey Sonnenfeld	/S/ JEFFREY SONNENFELD
	Date:	January 24, 2018

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of Lennar Corporation

We have audited the consolidated financial statements of Lennar Corporation and subsidiaries (the "Company") as of November 30, 2017 and 2016, and for each of the three years in the period ended November 30, 2017, and the Company’s internal control over financial reporting as of November 30, 2017, and have issued our reports thereon dated January 24, 2018; such consolidated financial statements and reports are included elsewhere in this Form 10-K. Our audits also included the consolidated financial statement schedule of the Company listed in Item 15. This consolidated financial statement schedule is the responsibility of the Company’s management. Our responsibility is to express an opinion based on our audits. In our opinion, such consolidated financial statement schedule, when considered in relation to the basic consolidated financial statements taken as a whole, presents fairly, in all material respects, the information set forth therein.



/s/ DELOITTE & TOUCHE LLP

Certified Public Accountants

Miami, Florida
January 24, 2018

LENNAR CORPORATION AND SUBSIDIARIES

Schedule II—Valuation and Qualifying Accounts

Years Ended November 30, 2017, 2016 and 2015



			Additions
(In thousands)	Beginning balance		Charged to costs and expenses	Charged (credited) to other accounts		Deductions		Ending balance
Year ended November 30, 2017
Allowances deducted from assets to which they apply:
Allowances for doubtful accounts and notes and other receivables	$	328	260	2,463		(202	)	2,849
Allowance for loan losses and loans receivable	$	33,575	32,850	(1	)	(63,232	)	3,192
Allowance against net deferred tax assets	$	5,773	650	—		—		6,423
Year ended November 30, 2016
Allowances deducted from assets to which they apply:
Allowances for doubtful accounts and notes and other receivables	$	768	125	(88	)	(477	)	328
Allowance for loan losses and loans receivable	$	39,486	18,818	—		(24,729	)	33,575
Allowance against net deferred tax assets	$	5,945	—	—		(172	)	5,773
Year ended November 30, 2015
Allowances deducted from assets to which they apply:
Allowances for doubtful accounts and notes and other receivables	$	3,257	370	(2,528	)	(331	)	768
Allowance for loan losses and loans receivable	$	62,104	11,465	—		(34,083	)	39,486
Allowance against net deferred tax assets	$	8,029	—	—		(2,084	)	5,945

Previous: Item 15. Exhibits, Financial Statement Schedules.