Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MILLER STUART A
  2. Issuer Name and Ticker or Trading Symbol
LENNAR CORP /NEW/ [LEN, LEN.B]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and C.E.O.
(Last)
(First)
(Middle)
700 NORTHWEST 107TH AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
01/05/2006
(Street)

MIAMI, FL 33172
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 01/05/2006   G   60 D $ 0 0 D  
Class A Common Stock 01/05/2006   A   188,171 (4) A $ 0 822,560 D  
Class B Common Stock               73,422 D  
Class A Common Stock               16,254 I By ESOP Trust
Class B Common Stock               1,624 I By ESOP Trust
Class B Common Stock               21,204,314 (1) I By Limited Partnerships (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class A Common Stock (2) $ 0             08/08/1988(3) 08/08/1988(3) Class A Common Stock 60,000   60,000 D  
Class B Common Stock (2) $ 0             08/08/1988(3) 08/08/1988(3) Class B Common Stock 6,000   6,000 D  
Option (Right to Buy) $ 62.675 01/05/2006   A   200,000   01/05/2007 01/05/2011 Class A Common Stock 200,000 $ 0 0 D  
Option (Right to Buy) $ 0             08/08/1988(3) 08/08/1988(3) Class A Common Stock 1,399,290   1,399,290 D  
Option (Right to Buy) $ 0             08/08/1988(3) 08/08/1988(3) Class B Common Stock 59,928   59,928 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MILLER STUART A
700 NORTHWEST 107TH AVENUE
MIAMI, FL 33172
  X   X   President and C.E.O.  

Signatures

 Michael Francis as Attorney-In-Fact for Stuart A. Miller   01/09/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Mr. Miller is the sole officer and the sole director of the corporation that owns the general partner interests in the limited partnerships and therefore has sole power to determine how those shares will be voted. Because of that, Mr. Miller is deemed to be the beneficial owner of the shares held by the partnerships, even though he has only a limited pecuniary interest in those shares.
(2) Contractual right to receive shares in the future.
(3) No activity is being reported. The SEC staff has designated 8/8/88 as a "dummy date." Information is included to disclose holdings following the reported transactions or other holdings not affected by the reported transactions.
(4) Represents shares to be issued by Lennar to Mr. Miller on February 15, 2006 pursuant to a bonus plan.

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