Please follow the steps:
1. Create a brand new project and add a RadCheckedDropDownList on the form.
2. Add two items:
3. Open the Element hierarchy editor and set the Alignment property to the below element:
This is the serialized code in the Designer.cs:
this.radCheckedDropDownList1.Items.Add(radCheckedListDataItem1);
this.radCheckedDropDownList1.Items.Add(radCheckedListDataItem2);
this.radCheckedDropDownList1.Location = new System.Drawing.Point(13, 13);
this.radCheckedDropDownList1.Name = "radCheckedDropDownList1";
this.radCheckedDropDownList1.Size = new System.Drawing.Size(218, 20);
this.radCheckedDropDownList1.TabIndex = 0;
((Telerik.WinControls.UI.TextBlockElement)(this.radCheckedDropDownList1.GetChildAt(0).GetChildAt(2).GetChildAt(0).GetChildAt(0).GetChildAt(0).GetChildAt(0))).Alignment = System.Drawing.ContentAlignment.MiddleCenter;
((Telerik.WinControls.UI.TextBlockElement)(this.radCheckedDropDownList1.GetChildAt(0).GetChildAt(2).GetChildAt(0).GetChildAt(0).GetChildAt(0).GetChildAt(0))).MinSize = new System.Drawing.Size(0, 16);
((Telerik.WinControls.UI.TextBlockElement)(this.radCheckedDropDownList1.GetChildAt(0).GetChildAt(2).GetChildAt(0).GetChildAt(0).GetChildAt(0).GetChildAt(0))).MaxSize = new System.Drawing.Size(0, 16);
4. Save the changes and run the project. As a result you will get an exception since the TextBlockElement is not created yet. It either shouldn't be serialized or not be available in the UI editor.