Exhibit 5.1
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 | | Hogan Lovells US LLP Columbia Square 555 Thirteenth Street, NW Washington, DC 20004 T +1 202 637 5600 F +1 202 637 5910 www.hoganlovells.com |
August 6, 2018
Board of Directors
Four Corners Property Trust, Inc.
591 Redwood Highway, Suite 1150
Mill Valley, California 94941
Ladies and Gentlemen:
We are acting as counsel to Four Corners Property Trust, Inc., a Maryland corporation (the “Company”), in connection with the public offering of 4,025,000 shares (the “Shares”) of common stock (including 525,000 shares of Common Stock being purchased from the Company by the underwriters of the public offering pursuant to their option to purchase such shares of Common Stock), par value $0.0001 per share (the “Common Stock”), of the Company. The offering of the Shares by the Company is being made pursuant to a prospectus supplement dated August 2, 2018 and the accompanying base prospectus dated December 5, 2016 (such documents, collectively, the “Prospectus”) that form part of the Company’s effective registration statement on FormS-3 (FileNo. 333-214908) (the “Registration Statement”). This opinion letter is furnished to you at your request to enable you to fulfill the requirements of Item 601(b)(5) of RegulationS-K, 17 C.F.R. § 229.601(b)(5), in connection with the Registration Statement.
For purposes of this opinion letter, we have examined copies of such agreements, instruments and documents as we have deemed an appropriate basis on which to render the opinions hereinafter expressed. In our examination of the aforesaid documents, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the accuracy and completeness of all documents submitted to us, the authenticity of all original documents, and the conformity to authentic original documents of all documents submitted to us as copies (including pdfs). We also have assumed that the Shares will not be issued in violation of the ownership limit contained in the Company’s Articles of Amendment and Restatement. As to all matters of fact, we have relied on the representations and statements of fact made in the documents so reviewed, and we have not independently established the facts so relied on. This opinion letter is given, and all statements herein are made, in the context of the foregoing.
This opinion letter is based as to matters of law solely on the applicable provisions of Maryland General Corporation Law, as amended. We express no opinion herein as to any other statutes, rules or regulations.
