EX-5 3 l00218aexv5.txt EXHIBIT 5 EXHIBIT 5 April 29, 2003 George L. Chapman Chairman of the Board and Chief Executive Officer Health Care REIT, Inc. One SeaGate, Suite 1500 Toledo, Ohio 43604 Re: HEALTH CARE REIT, INC.: Registration Statement on Form S-3 SEC File No. 333- Our File No. 74714 Dear Mr. Chapman, We have acted as counsel to Health Care REIT, Inc. (the "Company") in connection with the preparation and filing of its Registration Statement on Form S-3 with the Securities and Exchange Commission pursuant to the requirements of the Securities Act of 1933, as amended, for the registration of 2,331,397 shares of the Company's common stock (hereinafter referred to as the "Shares"). In connection with the following opinion, we have examined and have relied upon such documents, records, certificates, statements, and instruments as we have deemed necessary and appropriate to render an opinion herein set forth. Based upon the foregoing, it is our opinion that the Shares will be, when issued and sold in the manner set forth in the Registration Statement, legally and validly issued and fully paid and nonassessable. The undersigned hereby consents to the filing of this opinion as Exhibit 5 to the Registration Statement. Very truly yours, SHUMAKER, LOOP & KENDRICK, LLP By: /S/ Mary Ellen Pisanelli