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Due Diligence Checklists – For Commercial Real Estate Transactions

Planning to purchase or finance Commercial or Industrial Real Estate? Shopping Center? Office Building? Restaurant / Banquet property? Parking Lot? Storefront? Gas Station? Manufacturing facility? Warehouse? Logistics Terminal? Medical Building? Nursing Home? Hotel / Motel? Pharmacy? Bank facility? Sports and Entertainment Arena? Other?

A KEY to investing in commercial real estate is performing an adequate Due Diligence Investigation to assure you know all material facts to make a wise investment decision and to calculate your expected investment yield.

The following checklists are designed to help you conduct a focused and meaningful Due Diligence Investigation.

Basic Due Diligence Concepts:

Commercial Real Estate transactions are NOT similar to large home purchases.

Caveat Emptor: Let the Buyer beware.

Consumer protection laws applicable to home purchases seldom apply to commercial real estate transactions. The rule that a Buyer must examine, judge, and test for himself, applies to the purchase of commercial real estate.

Due Diligence: “Such a measure of prudence, activity, or assiduity, as is proper to be expected from, and ordinarily exercised by, a reasonable and prudent [person] under the particular circumstances; not measured by any absolute standard, but depending upon the relative facts of the special case. “Black’s Law Dictionary; West Publishing Company.

Contractual representations and warranties are NOT a substitute for Due Diligence.

Breach of representations and warranties = Litigation, time and money.

WHAT DILIGENCE IS DUE?

The scope, intensity and focus of any due diligence investigation of commercial or industrial real estate depends upon the objectives of the party for whom the investigation is conducted. These objectives may vary depending on whether the investigation is conducted for the benefit of (i) a Strategic Buyer (or long-term lessee); (ii) a Financial Buyer; (iii) a Developer; or (iv) a Lender.

If you are a Seller, understand that to close the transaction your Buyer (and its Lender) must address all issues material to its objective – some of which require information only you, as Owner, can adequately provide.

GENERAL OBJECTIVES:

(i) A “Strategic Buyer” (or long-term lessee) is acquiring the property for its own use and must verify that the property is suitable for that intended use.

(ii) A “Financial Buyer” is acquiring the property for the expected return on investment generated by the property’s income stream, and must determine the amount, velocity and durability of the revenue stream. A sophisticated Financial Buyer will likely calculate its yield based upon discounted cash flows rather than the less precise capitalization rate (“cap rate”), and will need adequate financial information to do so.

(iii) A “Developer” is seeking to add value by changing the character or use of the property – usually with a short-term to intermediate-term exit strategy to dispose of the property; although, a Developer might plan to hold the property long term as Financial Buyer after development or redevelopment. The Developer must focus on whether the planned change is character or use can be accomplished in a cost-effective manner. A developer conducting due diligence will focus on issues involving market demand, access, use and finances.

(iv) A “Lender” is seeking to establish two basic lending criteria:

1. “Ability to Repay” – The ability of the property to generate sufficient revenue to repay the loan on a timely basis; and

2. “Sufficiency of Collateral” – The objective disposal value of the collateral in the event of a loan default, to assure adequate funds to repay the loan, carrying costs and costs of collection in the event forced collection becomes necessary.

The amount of diligent inquiry due to be expended (ie “Due Diligence”) to investigate any particular commercial or industrial real estate project is the amount of inquiry required to answer each of the following questions to the extent relevant to the objectives of the party conducting the investigation:

I. THE PROPERTY:

1. Exactly what PROPERTY does Purchaser believe it is acquiring?

(a) Land?

(b) Building?

(c) Fixtures?

(d) Other Improvements?

(e) Other Rights?

(f) The entire fee title interest including all air rights and subterranean rights?

(g) All development rights?

2. What is Purchaser’s planned use of the Property?

3. Does the physical condition of the Property permit use as planned?

(a) Commercially adequate access to public streets and ways?

(b) Sufficient parking?

(c) Structural condition of improvements?

(d) Environmental contamination?

(i) Innocent Purchaser defense vs. exemption from liability

(ii) All Appropriate Inquiry

4. Is there any legal restriction to Purchaser’s use of the Property as planned?

(a) Zoning?

(b) Private land use controls?

(c) Americans with Disabilities Act?

(d) Availability of licenses?

(i) Liquor license?

(ii) Entertainment license?

(iii) Outdoor dining license?

(iv) Drive through windows permitted?

(e) Other impediments?

5. How much does Purchaser expect to pay for the property?

6. Is there any condition on or within the Property that is likely to increase Purchaser’s effective cost to acquire or use the Property?

(a) Property owner’s assessments?

(b) Real estate tax in line with value?

(c) Special Assessment?

(d) Required user fees for necessary amenities?

(i) Drainage?

(ii) Access?

(iii) Parking?

(iv) Other?

7. Any encroachments onto the Property, or from the Property onto other lands?

8. Are there any encumbrances on the Property that will not be cleared at Closing?

(a) Easements?

(b) Covenants Running with the Land?

(c) Liens or other financial servitudes?

(d) Leases?

9. Leases?

(a) Security Deposits?

(b) Options to Extend Term?

(c) Options to Purchase?

(d) Rights of First Refusal?

(e) Rights of First Offer?

(f) Maintenance Obligations?

(g) Duty on Landlord to provide utilities?

(h) Real estate tax or CAM escrows?

(i) Delinquent rent?

(j) Pre-Paid rent?

(k) Tenant mix / use controls?

(l) Tenant exclusives?

(m) Tenant parking requirements?

(n) Automatic subordination of Lease to future mortgages?

(o) Other material Lease terms?

10. New Construction?

(a) Availability of construction permits?

(b) Utilities?

(c) NPDES (National Pollutant Discharge Elimination System) Permit?

(i) Phase 2 effective March 2003 – Permit required if earth is disturbed on one acre or more of land.

(ii) If applicable, Storm Water Pollution Prevention Plan (SWPPP) is required.

II. THE SELLER:

1. Who is the Seller?

(a) Individual?

(b) Trust?

(c) Partnership?

(d) Corporation?

(e) Limited Liability Company?

(f) Other legally existing entity?

2. If other than natural person, does Seller validly exist and is Seller in good standing?

3. Does the Seller own the Property?

4. Does Seller have authority to convey the Property?

(a) Board of Director Approvals?

(b) Shareholder or Member approval?

(c) Other consents?

(d) If foreign individual or entity, are any special requirements applicable?

(i) Qualification to do business in jurisdiction of Property?

(ii) Federal Tax Withholding?

(iii) US Patriot Act compliance?

5. Who has authority to bind Seller?

6. Are sale proceeds sufficient to pay off all liens?

III. THE PURCHASER:

1. Who is the Purchaser?

2. What is the Purchaser / Grantee’s exact legal name?

3. If Purchaser / Grantee is an entity, has it been validly created and is it in good standing?

(a) Articles or Incorporation – Articles of Organization

(b) Certificate of Good Standing

4. Is Purchaser / Grantee authorized to own and operate the Property and, if applicable, finance acquisition of the Property?

(a) Board of Director Approvals?

(b) Shareholder or Member approval?

(c) If foreign individual or entity, are any special requirements applicable?

(i) Qualification to do business in jurisdiction of the Property?

(ii) US Patriot Act compliance?

(iii) Bank Secrecy Act / Anti-Money Laundering compliance?

5. Who is authorized to bind the Purchaser / Grantee?

IV. PURCHASER FINANCING:

A. BUSINESS TERMS OF THE LOAN:

What loan terms have the Purchaser, as Borrower, and its Lender agreed to?

(a) What is the amount of the loan?

(b) What is the interest rate?

(c) What are the repayment terms?

(d) What is the collateral?

(i) Commercial real estate only?

(ii) Real estate and personal property together?

(e) First lien? A junior lien?

(f) Is it a single advance loan?

(g) A multiple advance loan?

(h) A construction loan?

(i) If it is a multiple advance loan, the principal may be re-borrowed once repaid prior to the maturity of the loan; making it, in effect, a revolving line of credit?

(j) Are there reserve requirements?

(i) Interest reserves?

(ii) Repair reserves?

(iii) Real estate tax reserves?

(iv) Insurance reserves?

(v) Environmental remediation reserves?

(vi) Other reserves?

(k) Are there requirements for Borrower to open business operating accounts with the Lender? If so, is the Borrower obligated to maintain minimum compensating balances?

(l) Is the Borrower required to pledge business accounts as additional collateral?

(m) Are there early repayment fees or yield maintenance requirements (each sometimes referred to as “pre-payment penalties”)?

(n) Are there repayment blackout periods during which Borrower is not permitted to repay the loan?

(o) Is there a Loan Commitment fee or “good faith deposit” due upon Borrower’s acceptance of the Loan Commitment?

(p) Is there a loan funding fee or loan brokerage fee or other loan fee due Lender or a loan broker at closing?

(q) What are the Borrower’s expense reimbursement obligations to Lender? When are they due? What is the Borrower’s obligation to pay Lender’s expenses if the loan does not close?

B. DOCUMENTING THE COMMERCIAL REAL ESTATE LOAN

Does Purchaser have all the information necessary to comply with the Lender’s loan closing requirements?

Not all loan documentation requirements may be known at the outset of a transaction, although most commercial real estate loan documentation requirements are fairly typical. Some required information can only be obtained from the Seller. Production of that information to Purchaser for delivery to its lender must be required in the purchase contract.

As guidance to what a commercial real estate lender may require, the following sets forth a typical Closing Checklist for a loan secured by commercial real estate.

Commercial Real Estate Loan Closing Checklist

1. Promissory Note

2. Personal Guaranties (which may be full, partial, secured, unsecured, payment guaranties, collection guaranties or a variety of other types of guarantees as may be required by Lender).

3. Loan Agreement (often incorporated into the Promissory Note and / or Mortgage in lieu of being a separate document)

4. Mortgage [sometimes expanded to be a Mortgage, Security Agreement and Fixture Filing]

5. Assignment of Rents and Leases

6. Security Agreement

7. Financing Statement (sometimes referred to as a “UCC-1”, or “Initial Filing”)

8. Evidence of Borrower’s Existence In Good Standing; including

(a) Certified copy of organizational documents of borrowing entity (including Articles of Incorporation, if Borrower is a corporation; Articles of Organization and written Operating Agreement, if Borrower is a limited liability company; Certified copy of trust agreement with all amendments, if Borrower is a land trust or other trust; etc.)

(b) Certificate of Good Standing (if a corporation or LLC) or Certificate of Existence (if a limited partnership) or Certificate of Qualification to Transact Business (if Borrower is an entity doing business in a State other than its State of formation)

9. Evidence of Borrower’s Authority to Borrow; including

(a) a Borrower’s Certificate;

(b) Certified Resolutions

(c) Incumbency Certificate

10. Satisfactory Commitment for Title Insurance (which will typically require, for analysis by Lender, copies of all documents of record appearing on Schedule B of the title commitment which are to remain after closing), with required commercial title insurance endorsements, often including :

(a) When available, Affirmative Creditors Rights Endorsement (extending coverage over policy exclusion 7 and policy exclusions 3 (a) and 3 (d) as they relate to creditor’s rights matters)

(b) ALTA 3.1 Zoning Endorsement modified to include parking

(c) ALTA Comprehensive Endorsement 1

(d) Location Endorsement (street address)

(e) Access Endorsement (vehicular access to public streets and ways)

(f) Contiguity Endorsement (the insured land comprises a single parcel with no gaps or gores)

(g) PIN Endorsement (insuring that the identified real estate tax permanent index numbers are the only applicable PIN numbers affecting the collateral and that they relate solely to the real property comprising the collateral)

(h) Usury Endorsement (insuring that the loan does not violate any prohibitions against excessive interest charges)

(i) other title insurance endorsements applicable to protect the intended use and value of the collateral, as may be determined upon review of the Commitment for Title Insurance and Survey or arising from the existence of special issues pertaining to the transaction or the Borrower.

11. Current ALTA Survey (3 sets),[typicallypreparedinaccordancewith2011MinimumStandardDetailforALTA/ACSMLandTitleSurveyscertifiedtothelenderBuyerandthetitleinsurer[typicallypreparedinaccordancewith2011MinimumStandardDetailforALTA/ACSMLandTitleSurveyscertifiedtothelenderBuyerandthetitleinsurer

12. Current Rent Roll

13. Certified copy of all Leases (3 sets)

14. Lessee Estoppel Certificates

15. Lessee Subordination, Non-Disturbance and Attornment Agreements [sometimes referred to simply as “SNDAs”].

16. UCC, Judgment, Pending Litigation, Bankruptcy and Tax Lien Search Report

17. Appraisal (must comply with Title XI of FIRREA (Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended)

18. Environmental Site Assessment Report (sometimes referred to as Environmental Phase I and / or Phase 2 Audit Reports)

19. Environmental Indemnity Agreement (signed by Borrower and guarantors)

20. Site Improvements Inspection Report

21. Evidence of Hazard Insurance naming Lender as the Mortgagee / Lender Loss Payee; and Liability Insurance naming Lender as an “additional insured” (sometimes listed as simply “Acord 27 and Acord 25, respectively)

22. Legal Opinion of Borrower’s Attorney

23. Credit Underwriting documents, such as signed tax returns, property operating statements, etc. as may be specified by Lender

24. Compliance Agreement (sometimes also called an Errors and Omissions Agreement), whereby the Borrower agrees to correct, after closing, errors or omissions in loan documentation.

It is useful to become familiar with Lender’s loan documentation requirements as early in the transaction as practical. The requirements will likely be set forth with some detail in the lender’s Loan Commitment – which is typically much more detailed than most loan commitments issued in residential transactions.

Conducting the Due Diligence Investigation in a commercial real estate transaction can be time consuming and expensive in all events.

If the loan requirements cannot be satisfied, it is better to make that determination during the contractual “due diligence period” – which typically provides for a so-called “free out” – rather than at a later date when the earnest money may be at risk of forfeiture or when other liability for failure to close may attach.

CONCLUSION

Conducting an effective due diligence investigation in a commercial real estate transaction to discover all material facts and conditions affecting the Property and the transaction is of critical importance.

Unlike owner occupied residential real estate, when a house can almost always be occupied as the purchaser’s home, commercial real estate acquired for business use or for investment is impacted by numerous factors that may affect its use and value.

The existence of these factors and their affect on a Purchaser’s ability to use the Property for its intended use and on the Purchaser’s projected investment yield can only be discovered through diligent investigation and attention to detail.

The circumstances of each transaction will determine what degree of diligence is required. The level of diligence required under the circumstances is the diligence that is due.

Exercise Due Diligence.

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Never miss a flight again – Limo service arrives passengers at the airport on time and with style

Have you ever missed a flight? It is a nightmare of astronomical proportions; here’s why. There is a cascade of events that follow, especially if a strict itinerary is planned. Whether it’s a vacation flight, a special event or business flights are usually booked at a specific time with a reason. Rarely does anyone have the freedom to wait around for the next best flight.

They may have booked land transport, a hotel to which they can check in for a specific time, meetings, excursions or weddings for which they must be on time. People will be let down for sure, especially if it’s a special occasion like a wedding, anniversary or birthday. It’s not like these milestone events can be redirected for one person, and if they’re part of the wedding then it’s really a mess.

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Not to mention, booking a second flight costs a fortune. If it is not the fault of the airport that one missed the flight, it will pay for the other ticket. With rest resting in the wings the traveler is bound. They have to somehow come up with more money for the flight and unless they’re rolling in the dough, they’ll have to sacrifice something to get to their destination – or cancel the whole thing.

Personalized service

A limousine service to the airport can save the day. Unlike taxis, they are extremely professional. The cabin may be, but they are not so reliable. It’s a bit like playing Russian roulette, it’s guaranteed that a taxi driver won’t be a stressful experience as there is no written guarantee that the driver will be punctual, let alone professional.

Imagine this, a taxi shows up late for a passenger to reach the airport and as a result is late for an important meeting. Not only is this counterproductive, but the individual costs the company money that doesn’t look good at all.

In addition to the limousine service to the airport, one person reserves a vehicle for a limited time. The driver knows that they are fully committed to getting you there by the best route and that he probably manages the airport well. They won’t rush to leave passengers to get to their next possible ticket, but they do have time that is just for this purpose. Expect to arrive early and offer you kind service throughout the trip.

Clean and safe

There is no measure when it comes to the difference between limousine service to the airport and other methods. Reputable service offers great vehicles that are at least well maintained, clean and impressive. They also have only professional drivers, so no one has to worry about the validity of the individual driving them. Most services safely check them, check for drugs and make sure they have clean driver’s records.

All accessories

The picture was met and greeted in front of your residence due to limousine service to the airport with a smile and a handshake from the assigned driver. They help with bags, offer bottled water or other refreshments for an extra pleasant ride, and then offer airport tips if needed. This seamless experience pays off in full according to frequent flyers.

Some other extras that can be included in the limousine service to the airport are:

· Competitive timetables

· 24-hour reservation and customer service

· Flight tracking to be aware of delays or cancellations

In short, anyone traveling by plane should definitely take a professional drive, unlike any other unreliable source. The spiritual peace associated with experience is valid in the long run

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Wilton – the American dream

If you’re decorating cakes or you’ve ever bought cake-making supplies, you’re probably familiar with the Wilton brand. It’s hard to miss their products because Wilton has led the sale of cake baking and decorating products for more than half a century. Headquartered in the Chicago suburb of Woodridge, Illinois, Wilton has grown rapidly since its inception as a family cake decorating business during the Great Depression of the United States.

Today, Wilton Industries sells over 2,000 different baking and food-related products, from instructions for use and cake pans to pastries and food coloring. Wilton products are not only sold in the United States. Major retailers in more than 150 countries produce Wilton products. And the business continues to grow with about 400 new consumer products being developed annually.
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It all started in 1929 when Dewey McKinley Wilton, with the help of his wife, started a small cake decorating business in Chicago. This was followed by the fall of the stock market and the great depression of the nation. Surrounded by high unemployment rates and bread lines, Wilton carved a prosperous niche creating wedding cakes for famous hotels and clubs in Chicago. The Wilton family business grew during the 1930s.
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Decorating cakes for the rich and famous nicely boosted Wilton’s reputation. So when they opened a school of decorating cakes and making sweets for caterers and chefs, they had no problems enrolling.

By 1947, the “Wilton method” had become the household word among cake decorations, and the leading department store chain, JC Penney, now promoted and sold Wilton products.

Before the long name, the Wilton brand became synonymous with supplies and cake decorating schools. All of this public has laid the foundation for Wilton’s empire of decorating which continues to influence wedding cake trends.

Then in 1977, under the leadership of Wilton CEO Vince Naccarato, three different companies such as Wilton Industries merged: Wilton Enterprises, Copco and Weston Gallery.

Today, each division is a recognized leader in its market. Wilton Enterprises is the first place the brand prefers in products for baking and decorating cakes, Copco is a leading designer and seller of teapots and quality utensils, and the Weston Gallery is a leader in designing and marketing premium paintings and frames.

Under Naccarato’s continued leadership, the company enjoys strong sales growth and national distribution, largely attributed to “category management,” trend-based marketing, and “supply chain management,” which helps retailers reduce trading costs.

According to an Austin Chronicle report, the Wilton method was the undisputed ruler of cake decorating until the 1980s, when Martha Stewart’s methods gained popularity. Her cakes from scratch and the attitude that that flavor is just as important as the decorating prompted Wilton’s use of cake mixes and shortening vegetables.

However, Wilton continues to enjoy great success and lead the industry. According to Hoover’s November 2006 business report, Wilton Industries employed 650 people and reported sales of $ 325 million for fiscal 2005, up 7.8 percent from the previous year.

For three-quarters of a century, Wilton has been offering cake decorating classes across the United States and Canada, including the Wilton Cake Decorating School in northern Illinois. Wilton is partly credited with bringing an intricate, European method of decorating cakes to the United States and Canada.

In fact, nearly 200,000 students from all over the world enroll in Wilton’s cake decorations every year.

While many cake decorators enjoy the classroom experience in Wilton, others like the customer below, like to learn at home at their own pace with video instructions, such as the “Cake to Decorate a Cake Simply” series.

Another ingredient in Wilton’s recipe for success is the annual “Your Take on Cake” competition, which attracts thousands of talented cake decorators from the United States and Canada competing for $ 5,000 in cash and travel paid for at all costs to participate in the Wilton Two-Week School Course for decorating cakes in Darien, Illinois.

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Historic Route 66.Arizona

Route 66 can trace its history back to the late 1920s when it was first proposed and presented. However, it wasn’t until 1938 that the road was completely paved from the eastern start in Chicago, Illinois to the western end in Santa Monica, California, some 2,450 miles later. Of course, the route can be traveled east or west, although most Route 66 passengers prefer to travel from east to west, just as the Joad family did in John Steinbeck’s famous literary work, The Grapes of Wrath.
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Unfortunately, Route 66 began in the 1960s to replace new interstate highways that bypassed many small towns and were completely removed from the interstate highway system in 1985. However, in part, many Route 66 organizations, small chambers of commerce, enthusiasts and historians have been rejected let him die. Over the last 25 years, there has been a resurgence of heritage tourism that has aroused interest in preserving this great part of American history and the nostalgia that Route 66.
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The route is often referred to as the “Mother Road,” “Main American Street,” or “Will Rogers Highway” route passing through eight different states: Illinois, Missouri, Kansas, Oklahoma, Texas, New Mexico, Arizona, and California. Let’s take a closer look at the situation in Arizona.
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Arizona

Moving west, Arizona is 7th out of 8 states on Route 66 and has 401 miles from border to border. It adorns some of the most beautiful landscapes, several of the most essential buildings to be seen, the highest elevation and the longest uninterrupted Route 66 route on the entire trip.
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Geographically, Arizona has a Meteor branch, a petrified forest, and a painted desert. These locations provide amazing photo opportunities, but also the opportunity to explore and hike these natural sights.
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About 75 miles in Arizona, next to a petrified forest and a painted desert, lies the town of Holbrook. At the home of the Wigwam Village Bridge, most Route 66 passengers look forward to sleeping in the tepee and many cite this landmark as the highlight of their journey. Further west is Joseph City, a Mormon company founded in the late 1870s. In the city of Joseph City is the famous Jackrabbit Trading Post. One of the most famous places with Route 66’s signatures is the famous “HERE IS” billboard located on the Jackrabbit Trading Post.
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Further west next to the Meteor crater and the cities “standing on the corner” of Winslow, the extinct two rifles, the abandoned arrows Gemini and Winona “do not forget” lies the city of Flagstaff. Flagstaff is home to the famous Lowell Observatory, and is also the entrance to the Grand Canyon which is an hour’s drive north. The canyon is worth a side trip with Route 66 to see one of the eight natural wonders of the world. If you want, you can also access the spectacular Grand Canyon via the Grand Canyon Railway outside Williams, just 30 miles west of Flagstaff. Between Flagstaff and Williams is Brannigan Peak. At an altitude of 3320 feet above sea level, it is the highest point of altitude along the entire Rt route. 66th
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15 miles west of Williams is Ash Fork, the world’s capital. Only next to Ash Fork can you say goodbye to I-40 as you begin the longest uninterrupted Route 66 route on the entire trip. Be sure to stop at the legendary Snow Cap Drive in Seligman and the fascinating general store in Hackberry before arriving in Kingman. Here you will find many still preserved business facilities dealing with the Route 66 traveler, including a very well done museum.
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Be sure to leave Kingman while it’s still daylight, as you won’t miss the amazing scenery in front of you as you travel with black flaps and hairpins. Oatman is waiting, as are numerous wild ravines that the old mining town calls home. Be sure to check out the historic Oatman Hotel where Clark Gable and Carole Lombard spent their honeymoon.
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Leaving the Oatman, you can head to Laughlin Nevada casinos and try your luck or you can continue through Golden Shores, Topock and return to I-40 to cross the mighty Colorado River to California.

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If you are traveling to Chicago, know the details of the traffic and signaling rules in Chicago


Bitcoin observers have told investors who expect its price to thrive given the recent halving, be patient and don’t expect an immediate return – despite a cryptocurrency rise of more than 14 percent a month.
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The event was followed by strong demand in early May, which halved the remuneration for the production of digitally obtained bitcoins, making it more difficult to obtain in the future, making it smaller and possibly making existing coins more valuable.

The price has risen steadily from just under £ 7,000 since 11 May and reached a new high of £ 8,010 at the beginning of June.
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Since then, it has declined slightly, but growth is still a healthy 14.7 percent yield since halving, compared to 4.2 percent in the U.S. S&P 500 over the same period.
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Speed ​​limits in Chicago vary, and on most city roads it is 30 mph. admittedly, interstate highways, but congested areas accept a speed limit of 55 mph. In Chicago, turn right at a red light after stopping when there is no traffic allowed, but make sure no restrictions are set. In case of doubt, wait patiently for the green.
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Cameras are installed at most major city intersections to catch drivers running red lights and are the cause of other violations. Chicago is crowded with several one-way streets, especially in and around it, that surround the loop, so it’s very important to look for alarm signs as well as other cars.
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Likewise, the laws of drunk driving in Illinois are quite strict. Anyone caught with 0.08 or more blood alcohol levels while driving will automatically have their driver’s license revoked, and in addition, a ticket will be issued. In fact, the authorities of the home countries will also receive a notification. Drivers who have Illinois driving licenses may have their first offense license suspended for three months.
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Traveling to Chicago means following a few rules, and one is that passengers must wear seat belts, and even children under the age of eight can wear a seat belt on child safety seats. This city also does not allow the use of handheld mobile phones and is considered illegal while driving in the city. Of course, these restrictions are not the same in the suburbs, they vary. Headlights must be used in case you use wipers. In Illinois, radar detectors are legal.
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A visit to Chicago is interesting if you are willing to hike short distances. Most tourist attractions are nearby and can be covered by walking or using public transport. But if you want to drive here, you have to be willing to accept the rules from Chicago. However, in Chicago it is relatively easy to find your way because it is a logically laid out city.
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Although the traffic jams are crowded during the hours and are as frustrating as in other big cities, you still have to accept the fact that the traffic runs smoothly most days. Chicagoans are always ready for unexpected delays and one thing is for sure that during the summer and spring months at least a few downtown streets or one major highway will be in the repair phase. That’s why it’s commonly said that Chicago has two seasons, construction and winter.
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Drive in Chicago, be sure to turn on the stretch between the Museum Campus and North Avenue, as it’s truly stunning. However, don’t miss the published driving rules. Always be ready for a taxi, to turn occasionally or make an unexpected turn, without giving a signal. Generally, when they see a yellow light, drivers here take up speed and thus hear hiccups, especially if you don’t make a crazy dash before the light turns red. As expected, the price of parking at a premium location, and parking on the streets throughout the city center is limited to 2 hours, but get a ticket from the nominated cover and put it on your dashboard.