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.
Considerations. Some states allow you to sue for flood damage if the apartment building has a history of floods and the landlord didn't tell you. In Oklahoma, the lease should inform you of any flooding within the previous five years.onsiderations. Some states allow you to sue for flood damage if the apartment building has a history of floods and the landlord didn't tell you. In Oklahoma, the lease should inform you of any flooding within the previous five years.