If I miss 2 payments on my power bill the power company sends someone out to turn of the utility, however I see lots of commercial buildings (old Toys r Us, empty stores ect) with all the lights still on. Is someone still paying?
In: Economics
Not exactly answering your question, just clarifying something else for you:
Usually when a store goes out of business, the actual property owners keep the lights on to encourage people to take a look at the property in hopes that they will lease the space and make it profitable again. Also, to deter any vandals, squatters from breaking in and looting/making a mess of the emptiness.
Note that just because a store is closing, does not mean that the building goes with it. Most of the time the actual property owners, the ones receiving monthly payments from business owners to conduct business in their space, are the ones who are still responsible for it.
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