Your company's assets and liabilities are reported on its balance sheet. Assets go on one side of the sheet, liabilities on the other. The difference between them is the owners' equity in the company -- what the owners would take away if they sold all those assets and paid off all those debts.
Key Points. For all residential premises, whether houses or flats, a landlord may, depending on the circumstances, be liable to be prosecuted if anyone such as a tenant, resident, workman or visitor, is put at risk of being exposed to asbestos or is actually exposed to it.
A lead abatement strategy is very similar to asbestos abatement. This involves completely removing the lead-based product from the home as efficiently as possible. Usually, a home inspection can determine the possibility of lead exposure, but a risk assessment is more thorough and can lead to discussions about whether there should be abatement.