EXHIBIT 5.1
June 23, 2017
AV Homes, Inc.
8601 N. Scottsdale Rd., Suite 225
Scottsdale, Arizona 85253
Ladies and Gentlemen:
This opinion is furnished in connection with the registration under the Securities Act of 1933 on Form S-8 of an additional 1,000,000 shares of Common Stock, $1.00 par value, of AV Homes, Inc. (the Company) offered to employees, consultants, advisors and independent contractors of the Company or any subsidiary of the Company, as well as non-employee directors of the Company, pursuant to the AV Homes, Inc. 2015 Incentive Compensation Plan, as amended and restated June 1, 2017 (the Plan).
As counsel for the Company, I advise you that it is my opinion, based on my familiarity with the affairs of the Company and upon my examination of pertinent documents, that the 1,000,000 shares of Common Stock to be offered to employees, consultants, advisors and independent contractors of the Company or any subsidiary of the Company, as well as non-employee directors of the Company, under the Plan, will, when paid for and issued pursuant to the terms of the Plan, be validly issued and lawfully outstanding, fully paid and non-assessable shares of Common Stock of the Company.
The undersigned hereby consents to the filing of this opinion with the Securities and Exchange Commission as an exhibit to the registration statement with respect to the aforementioned shares of Common Stock under the Securities Act of 1933.
| Very truly yours,
/s/ S. Gary Shullaw |
| S. Gary Shullaw Executive Vice President, General Counsel and Corporate Secretary |