Please wait

Exhibit 5.1

 
1271 Avenue of the Americas
New York, New York  10020-1401
Tel: +1.212.906.1200  Fax: +1.212.751.4864
www.lw.com
   
FIRM / AFFILIATE OFFICES

Austin
Milan
 
Beijing
Munich
 
Boston
New York
 
Brussels
Orange County
 
Century City
Paris
March 12, 2026
Chicago
Riyadh
 
Dubai
San Diego
 
Düsseldorf
San Francisco
 
Frankfurt
Seoul
 
Hamburg
Silicon Valley
 
Hong Kong
Singapore
 
Houston
Tel Aviv
  London
Tokyo
  Los Angeles
Washington, D.C.
 
Madrid
 

110 Village Trail, Suite 215
Woodstock, Georgia 30188

 
Re:
Registration Statement on Form S-8; 514,536 shares of Smith Douglas Homes Corp. Class A Common Stock, $0.0001 par value per share

To the addressee set forth above:

We have acted as special counsel to Smith Douglas Homes Corp., a Delaware corporation (the “Company”), in connection with the preparation and filing by the Company with the Securities and Exchange Commission (the “Commission”) of a registration statement on Form S-8 (the “Registration Statement”) under the Securities Act of 1933, as amended (the “Act”), relating to the issuance by the Company of up to an aggregate of 514,536 shares of Class A common stock of the Company, $0.0001 par value per share (the “Shares”), issuable under the Smith Douglas Homes Corp. 2024 Incentive Award Plan (the “Plan”). This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or the prospectus forming a part thereof, other than as expressly stated herein with respect to the issuance of the Shares.

As such counsel, we have examined such matters of fact and questions of law as we have considered appropriate for purposes of this letter. With your consent, we have relied upon certificates and other assurances of officers of the Company and others as to factual matters without having independently verified such factual matters. We are opining herein as to the General Corporation Law of the State of Delaware (the “DGCL”), and we express no opinion with respect to any other laws.

Subject to the foregoing and the other matters set forth herein, it is our opinion that, as of the date hereof, when the Shares shall have been duly registered on the books of the transfer agent and registrar therefor in the name or on behalf of the purchasers, and have been issued by the Company for legal consideration in excess of par value in the circumstances contemplated by the Plan, assuming that the individual grants or awards under the Plan are duly authorized by all necessary corporate action and duly granted or awarded and exercised in accordance with the requirements of law and the Plan (and the agreements and awards duly adopted thereunder and in accordance therewith), the issue and sale of the Shares will have been duly authorized by all necessary corporate action of the Company, and the Shares will be validly issued, fully paid and nonassessable. In rendering the foregoing opinion, we have assumed that the Company will comply with all applicable notice requirements regarding uncertificated shares provided in the DGCL.


March 12, 2026
Page 2
 
 
 
 

This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of the Act. We consent to your filing this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.

 
Sincerely,
 
 
 
/s/ Latham & Watkins LLP