Frequently Asked Questions

Is LCHF controlled by Lennar?

• While the word Lennar is in the name, LCHF is an independently directed, fully qualified, non-profit, tax-exempt 501(c)(3) public benefit corporation under state and federal law.  The LCHF Board is comprised of professionals with business, law, government, finance and non-profit experience.

Is the Fee required mitigation for developmental impacts?

• No!  The Fee does not mitigate developmental impacts for affordable housing, environment or other exactions typically required by local governments prior to project approval.

Is LCHF's program a tax shelter for Lennar?

• No!  LCHF is neither a tax shelter nor tax break for Lennar.

Homeowner Info

What is the Charitable Housing Agreement?

• The Charitable Housing Agreement Imposing Endowment Fee on Transfer and Lien (“CHA” or “Agreement”) is a legally recorded contract initiated by the builder and LCHF that records a transfer fee (the “Fee”) agreement and lien on real property (“Participating Homesite”).  This contract affords LCHF the right to collect the Fee — 0.05% of the gross sales price of a home — on the original sale (as defined in the CHA) and all subsequent sales of a Participating Homesite.  Should you require a copy of the Agreement, please contact your Escrow Company and/or Title Company.  If you are unable to obtain a copy of the CHA from your Escrow  Company and/or Title Company, please email us at lchf-info@lennar.com (reference community name, tract & lot in the subject line).

How do I find out if an obligation to pay has been met?

• Review your closing report - reference sections "Lennar Charitable Housing Foundation", Miscellaneous" or "Other Fees" usually located under the section "Additional Settlements" - or contact your Escrow Company and/or Title Company.

What do I do if I have already paid the fee?

• Please send us a copy of the closing report indicating payment was made and a proof of payment - payment sub or a copy of the wire transfer confirmation from the bank.  If your Escrow Company or Title Company paid on your behalf, please have them send us said documents.

I was not made aware of the Fee by the seller, Escrow Company or Title Company, nor did I sign anything acknowledging that I was aware of the fee, am I free of obligation?

• No.  Though each owner of a Participating Homesite shall (a) notify all prospective buyers of said fee, (b) provide a copy of the CHA to all prospective buyers, and (c) notify all prospective buyers that they are obligated to comply with the CHA, the buyer is NOT free of obligation. Though Escrow Companies and Title Companies have a professional obligation to disclose encumbrances (including the Fee), ignorance to an encumbrance resulting from said parties failing to disclose said encumbrances, or for any other reason, does not free the obligated party or parties of burden. 

  Should you have title insurance, and should your title insurance cover the Fee, it is your  responsibility to facilitate the payment process.