L LERMAN LAW ASSOCIATES, PC
LA
125 Town Park Drive
Suite300
Kennesaw, Georgia 30144
770-420-8448 (p)
678-802-2425 (f)
www.lermanlawpc.com
July 24, 2019
Gilmore Homes Gilmore Loans, LLC
5401 Old National Highway, #419
Atlanta, Georgia 30349
Re: Gilmore Homes Gilmore Loans, LLC (the Company) Offering Statement on Form 1 A (the Offering Statement)
Ladies and Gentlemen:
We have acted as special counsel to the Company, a corporation incorporated under the laws of the State of Georgia, in connection
with the filing of the Offering Statement under Regulation A+ of the Securities Act of 1933, as amended (the Securities Act),
with the Securities and Exchange Commission relating to the proposed offering by the Company (the Offering) of up to 1,000,000 shares
of Class A Interests of the Company Membership Interests (Interests).
For purposes of rendering this opinion, we have examined originals or copies (certified or otherwise identified to our satisfaction) of:
1. Certificate of Organization of Gilmore Homes Gilmore Loans, LLC, as filed with the Secretary of State of the State of Georgia on
August 6, 2018;
2. Articles of Organization of Gilmore Homes Gilmore Loans, LLC, as filed with the Secretary of State of the State of Georgia on
July 23, 2018; and
3. Operating Agreement of the Company in the form filed with the Securities and Exchange Commission as Exhibit C with the
Offering Statement.
We have also examined such other certificates of public officials, such certificates of executive officers of the Company and such
other records, agreements, documents and instruments as we have deemed relevant and necessary as a basis for the opinion hereafter
set forth.
In such examination, we have assumed: (i) the genuineness of all signatures, (ii) the legal capacity of all natural persons,
(iii) the authenticity of all documents submitted to us as originals, (iv) the conformity to original documents of all documents
submitted to us as certified, conformed or other copies and the authenticity of the originals of such documents and (v) that
all records and other information made available to us by the Company on which we have relied are complete in all material respects.
As to all questions of fact material to this opinion, we have relied solely upon the above-referenced certificates or comparable documents
and other documents delivered pursuant thereto, have not performed or had performed any independent research of public records and have
assumed that certificates of or other comparable documents from public officials dated prior to the date hereof remain accurate as of the
date hereof.
Based on the foregoing and on such legal considerations as we deem relevant, we are of the opinion that the Interests, when issued and
delivered against payment therefor as described in the Offering Statement, will be validly issued, fully paid and non-assessable.
The foregoing opinion is limited to the Georgia Limited Liability Company Act, as currently in effect, and we do not express any opinion
herein concerning any other law.
The opinion expressed herein is rendered as of the date hereof and is based on existing law, which is subject to change. Where our
opinion expressed herein refers to events to occur at a future date, we have assumed that there will have been no changes in the relevant
law or facts between the date hereof and such future date. We do not undertake to advise you of any changes in the opinion expressed
herein from matters that may hereafter arise or be brought to our attention or to revise or supplement such opinion should the present
laws of any jurisdiction be changed by legislative action, judicial decision or otherwise.
Our opinion expressed herein is limited to the matters expressly stated herein, and no opinion is implied or may be inferred beyond the
matters expressly stated.
We hereby consent to the use of this letter as an exhibit to the Offering Statement and to any and all references to our firm in the
offering circular that is a part of the Offering Statement. In giving this consent, we do not admit that we are within the category of
persons whose consent is required under Section 7 of the Securities Act, or the rules and regulations of the Securities and Exchange
Commission.
Sincerely,
/s/ Craig Lerman
Craig R. Lerman, Esq.
Managing Attorney for Lerman Law Associates, PC
EXHIBIT D
