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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No.1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report(Date of earliest event reported) December 6, 1996
Brauvin Net Lease V, Inc.
(Exact name of registrant as specified in its charter)
Maryland 0-28332 36-3913066
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
organization) Number)
150 South Wacker Drive, Suite 3200, Chicago, Illinois 60606
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (312) 443-0922
Not Applicable
(Former name or former address, if changed since last report)
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Item 7. Financial Statements and Exhibits
(C) Exhibits
(16) Letter of Ernst & Young LLP on changes in certifying
accountant.
Ernst & Young LLP
Suite 2100
One North Franklin
Chicago, Illinois 60606
Phone: 312 879 6500
Fax: 312 879 6550
EXHIBIT 16 TO FORM 8-K
December 10, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlmen:
We have read Item 4 of Form 8-K dated December 10, 1996, of
Brauvin Net Lease V, Inc. and are in agreement with the
statements contained in the first paragraph on page 2 therein.
We have no basis to agree or disagree with other statements of
the registrant contained therein.
Sincerely,
/s/ Ernst & Young LLP
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
BRAUVIN NET LEASE V, INC.
By: /s/ Jerome J. Brault
Jerome J. Brault, Chairman of the Board,
President and Chief Executive Officer
Dated: December 12, 1996
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