Lennar Corporation (Lennar)
AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT


This is to give you notice that Lennar has business relationships with the companies listed in the box below. Specifically, Lennar (i) owns, directly or indirectly, 100% of CalAtlantic Title, Inc.; CalAtlantic Title Agency, LLC; CalAtlantic Title of Maryland, Inc.; CalAtlantic Abstract, Inc.; and CalAtlantic Title, LLC (collectively, CalAtlantic Title) and (ii) indirectly has a 20% ownership interest in North American Title Insurance Company (NATIC). Because of these relationships, this referral may provide Lennar a financial or other benefit.

Set forth below are the types of settlement services offered by these affiliated companies and the estimated charge or range of charges generally required by these companies for such settlement services. You are NOT required to use any of the companies listed above as a condition to the purchase of a property.

THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.


Provider and Settlement Services/Estimated Range of Charges

CalAtlantic Title provides closing services and title insurance through numerous underwriters, one of which is NATIC. The following are estimated charges or range of charges for the settlement services listed:
 
Description of Settlement Service Range of Charges
Owner's and Loan (not simultaneous with Owner's) Title Policy Premium
$50 - $12,720 1
Simultaneous Loan Title Policy Premium
$25 - $1,420
Title Services & Closing Fees
$375 - $2,000 2
Endorsements
$0 - $274 each; 10 - 25% of policy premium
for some owner’s policy endorsements and extra-hazardous risk endorsements3
CPL/Closing Service Letter - Borrower/Buyer
$0 - $125
CPL/Closing Serivce Letter - Lender
$0 - $108
CPL/Closing Service Letter - Seller
$0 - $50
Title Binder Fee
$0 - $100
Commitment
$0 - $15
Title Search
$0 - $425 4
Owners & Encumbrance Report
$0 - $300
Document Delivery Fee
$0- 200 5
Third Party Lender Fee
$0 - $325 6

1 Policy premium depends on the property, state, liability, and type of policy coverage requested.
2 Charge for closing services depends on the nature of the closing services provided, the amount of closing services needed, and the state and county in which the property is located. Charge may be composed of more than one fee, depending on state. Additional fees may apply for additional loans beyond one loan.
3 Endorsement charge depends on the endorsement type and coverage required.
4 Charge for title search depends on the property being purchased and the county in which the property is located.
5 Charge per document delivery related to delivering documents to (a) lender(s) financing the subject transaction (b) current lender’s or other creditor’s payoff or payment; and/or (c) buyer or buyer’s representative, as the case may be, for closing by mail.
6 Charge only applies to second mortgages in certain states.
 
ACKNOWLEDGMENT
By clicking below, I/we acknowledge that I/we have read this disclosure form and understand that Lennar is referring me/us to purchase the above-described settlement services and may receive a financial or other benefit as the result of this referral.
 


Once you click "I Acknowledge" below you will be directed to the CalAtlantic Title website.