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EXHIBIT 5
June 5, 2000
CB Richard Ellis Services, Inc.
200 North Sepulveda Boulevard, Suite 300
El Segundo, California 90245
Ladies and Gentlemen:
With reference to the Registration Statement on Form S-8 (the "Registration
Statement") to be filed by CB Richard Ellis Services, Inc., a Delaware
corporation (the "Company"), with the Securities and Exchange Commission under
the Securities Act of 1933, as amended, relating to 450,000 shares of Common
Stock, par value $.01 per share, of the Company (the "Common Stock") issuable
pursuant to the Company's 1998 Employee Stock Purchase Plan Amended and Restated
Effective July 1, 2000 (the "Plan"). It is my opinion that such shares of Common
Stock, when issued in accordance with the Plan, will be legally issued, fully
paid and nonassessable.
I hereby consent to the filing of this opinion with the Securities and
Exchange Commission as Exhibit 5 to the Registration Statement.
Very truly yours,
/s/ Walter V. Stafford
Walter V. Stafford
Senior Executive Vice President, and
General Counsel
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