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Something is a "potential X' if it is capable of becoming X, although it may not be X at the moment, or if it might be X be we are not yet certain of that. A "safety hazard" is a condition or circumstance that could result in injury or property damage. So a "potential safety hazard" is a condition or circumstance that might be able to produce injury or property damage, but we are not yet certain of that, or is capable of becoming such a condition or circumstance at some point in the future.
Damage to persons, property, or the environment.
The term "hazardous" is used to refer to any material, condition, or situation that could cause injury, illness, environmental damage, death, or property damage. The term "non-hazardous" is used to describe a material, condition or situation that is thought not to be able to cause injury, illness, environmental damage, death, or property damage.
The responsibility rests with the owner of the property on which the rotting tree is standing. However, the person whose property is damaged may have the burden of proving the tree owner knew it was a hazard (foreseeable versus merely potential) and that the damage was caused by negligence rather than an "act of God". A person is responsible for insuring his or her own property for damage caused by unforeseen accidents.
A safety risk is a situation or circumstance that includes the possibility of injury to someone or of damage to property.
It depends on the circumstances and local laws. Generally, if your neighbor's property causes damage to your property due to negligence or failure to maintain their property, they may be liable for the damage. It is advisable to consult with a legal professional to understand your rights and options in this situation.
This is one definition of a hazard.It is "any real or potential condition that can cause injury, illness, or death to personnel; damage to or loss of equipment or property; degradation of mission capability or impact to mission accomplishment; or damage to the environment."
Your question is missing something. Perhaps you intended to ask, is hazard assessment the process of measuring the potential loss of life, personal injury, economic injury, and property damage resulting from hazards? In which case the answer is yes.
All three: earthquake, tsunami, and landslide, have the potential to cause extensive damage to property and may result in great loss of animal and human life.
Damage to someones property if you were at fault.
Hazard
you must notify your local authorities, they will access the situation and decide as to what must be done in order to make sure there will be no damage or accidents due to this tree, they will then notify the owners as to what they must do.