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.
If your apartment has been damaged by fire you need to understand your rights and know what steps you should take to protect them. Tenants have the right of a safe and habitable rental unit. So landlords are responsible for repairing their rental property as soon as possible after a fire. Of course, if the fire was caused by negligence on the part of the tenants, the tenants will be responsible for repairs, according to the North Carolina State University Cooperative Extension.