If you are interested in a new home, you may have heard about Lennar, but you’re unsure how to evaluate the builder’s track record. This article will explore some of the most common complaints, including Lennar’s “cheap” tactics and what to watch out for. In addition, we’ll cover the long-term roof repair, the missing amenities, and the cheating that takes place in the Lennar sales process.
Lennar’s cheating behavior
Many homeowners have become frustrated with Lennar Builder’s cheating behaviors. They have complained to the Better Business Bureau and other consumer protection agencies, but nothing has changed. These homeowners say they have dealt with a series of unprofessional and dishonest builders who made promises they could never keep. Lennar Builder’s cheating practices have caused many homeowners to lose thousands of dollars.
Lennar has been accused of fraud by the Fraud Discovery Institute, a San Diego-based nonprofit that investigates financial fraud. FDI has accused Lennar of running a Ponzi scheme, but the company has denied the charges. According to FDI’s findings, Lennar had a joint venture with the California Public Employees Retirement System, or CalPERS, called LandSource. Lennar obtained $700 million in this venture.
Lennar’s removal of advertised amenities
Lennar has been under fire for its controversial changes to its homes. This includes changes to the advertised amenities. For example, the company had promised exterior maintenance and long-term roof repair. However, Amendment #5 of Lennar’s contract removed these features. This decision will cost homeowners hundreds of dollars each month.
In addition, the company is facing a lawsuit from an Arizona couple after a worker was electrocuted in an unlit room while hooking up a dryer hose. The problem was due to negligent bundling of electrical wires. A giant power circuit, which generated 110 volts, was causing the hazard.
In 2006, Lennar launched its Everything’s Included program, which aims to take the hassle out of the home buying process. The Everything’s Included program offers several benefits to Lennar buyers, including hardwood flooring and granite countertops. These amenities add an estimated $25,000 to the home’s value.
Lennar also makes use of registered and service marks. In addition, the company has pending applications for additional trademarks and service marks. The company uses the Destination Home design, Arrowhead design, and Standard stylized. The company also uses the Life Reimagined design.