Exhibit
99.2
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE
ATTENTION. If you are in any doubt as to the action to be taken,
you should seek your own financial advice from your own
independent financial advisor.
NOTICE OF GUARANTEED
DELIVERY
OF
SERIES A 6.50% SENIOR NOTES DUE 2016
BEING EXCHANGED For
SERIES B 6.50% SENIOR NOTES DUE 2016
OF
LENNAR
CORPORATION
Holders of outstanding 6.50% Senior Notes due 2016 (the
Series A Notes) who wish to tender their
Series A Notes in exchange for a like principal amount of
new Series B 6.50% Senior Notes due 2016 (the
Series B Notes), but who cannot deliver their
Series A Notes and Letter of Transmittal (and any other
documents required by the Letter of Transmittal) to
J.P. Morgan Trust Company, National Association (the
Exchange Agent) prior to the Expiration Date, may
use this Notice of Guaranteed Delivery or one substantially
equivalent to it. This Notice of Guaranteed Delivery may be
delivered by hand or sent by facsimile transmission (receipt
confirmed by telephone and an original delivered by guaranteed
overnight courier) or mail to the Exchange Agent. See The
Exchange Offer in the Prospectus.
THE EXCHANGE AGENT FOR THE
EXCHANGE OFFER IS:
J.P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION
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By Hand:
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By Mail:
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J.P. Morgan Chase Bank,
National Association,
as Exchange Agent
G15 Unit Trust Window
4 New York Plaza, 1st Floor
New York, NY 10004
Attention: Frank Ivins
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J.P. Morgan Trust Company,
National Association,
as Exchange Agent
Institutional Trust Services
2001 Bryan Street, 9th Floor
Dallas, TX 75201
Attention: Frank Ivins
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By Overnight Express:
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By Facsimile:
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J.P. Morgan Trust Company,
National Association,
as Exchange Agent
Institutional Trust Services
2001 Bryan Street, 9th Floor
Dallas, TX 75201
Attention: Frank Ivins
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Fax number: (214) 468-6494
Attention: Frank Ivins
Confirm by telephone: (800) 275-2048
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DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS
OTHER THAN AS SET FORTH ABOVE, OR TRANSMISSION OF
INSTRUCTIONS VIA FACSIMILE TRANSMISSION OTHER THAN AS SET
FORTH ABOVE, WILL NOT CONSTITUTE A VALID DELIVERY.
This form is not to be used to guarantee signatures. If the
instructions to the Letter of Transmittal require that the
signature on the Letter of Transmittal be guaranteed by an
Eligible Institution, that signature guarantee must
appear in the applicable space provided in the signature box on
the Letter of Transmittal.
Ladies
and Gentlemen:
The undersigned hereby tenders to Lennar Corporation
(Lennar), upon the terms and subject to the
conditions set forth in the Prospectus dated
[ l ],
2006, and the related Letter of Transmittal, receipt of each of
which is hereby acknowledged, the Series A Notes specified
below using the guaranteed delivery procedures set forth in the
Prospectus under the caption The Exchange
Offer Guaranteed Delivery Procedures.
PLEASE
SIGN AND COMPLETE
This Notice of Guaranteed Delivery must be signed by the
holder(s) of the Series A Notes to be Exchanged exactly as
the applicable DTC participants name appears on a security
position listing as the owner of Notes, or by person(s)
authorized to become holder(s) by endorsements and documents
transmitted with this Notice of Guaranteed Delivery. If the
signature appearing below is not of the holder(s) of the Notes,
then in order to validly surrender Series A Notes, the
holder(s) must sign a valid proxy. If the signature is by a
trustee, executor, administrator, guardian,
attorney-in-fact,
officer or other person acting in a fiduciary or representative
capacity, that person must set forth his or her name, address
and capacity as indicated below and may be required to submit
evidence satisfactory to Lennar of that persons authority
to so act.
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Aggregate Principal Amount of
Series A Notes Surrendered:
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Name(s) of Holder(s):
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Certificate Nos. (if
available): _
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Address of Holder(s):
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Window Ticket No. (if
any): _
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Account Number at The Depository
Trust Company:
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Area Code and Tel.
No: _
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Names of Authorized
Signatory: _
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Capacity: _
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Address of Authorized
Signatory: _
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Transaction Code
Number: _
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Dated: _
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Area Code and Tel.
No.: _
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Signature(s) of Holder(s) or
Authorized Signatory:
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THE
GUARANTEE ON THIS PAGE MUST BE COMPLETED.
GUARANTEE
(Not to
be used for signature guarantee)
The undersigned bank, broker, dealer, credit union, savings
association or other member entity of the Securities Transfer
Agents Medallion Program (each of the foregoing entities
being referred to as an Eligible Institution) hereby
guarantees to deliver to the Exchange Agent at one of its
addresses set forth in the Notice of Guaranteed Delivery
(i) book-entry confirmation of the transfer of the
Series A Notes into the Exchange Agents account at
DTC pursuant to the procedures set forth in the Prospectus, or
(ii) either (x) a properly completed and duly executed
Letter of Transmittal (or a manually signed facsimile copy
thereof) or (y) a properly transmitted Agents Message
and (z) all other documents required by the Letter of
Transmittal or the Agents Message, in each case, within
three New York Stock Exchange trading days after the date of
this Guarantee.
The Eligible Institution that completes this form must
communicate the guarantee to the Exchange Agent and must deliver
all applicable, letters, confirmations, messages and other
documents to the Exchange Agent within the time period described
above. Failure to do so could result in financial loss to the
Eligible Institution.
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Name of Firm:
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(Authorized Signature)
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Address:
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Name:
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(Please Print)
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Title:
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Area Code and Tel. No.:
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Date:
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