Which data must be safeguarded according to GDPR in property management?

The General Data Protection Regulation (GDPR) emphasizes the protection of personal data, which includes any information that can be used to identify an individual directly or indirectly. In the context of property management, personal data of tenants and clients is particularly sensitive, as it encompasses a variety of information such as names, addresses, contact details, and even financial information related to their tenancy.

This personal data must be safeguarded to ensure that individuals' privacy rights are upheld. Property management companies are required to implement appropriate measures to protect this data from unauthorized access, loss, or breaches. Compliance with GDPR not only helps maintain trust with tenants and clients but also protects property management companies from potential legal consequences and penalties associated with data breaches.

While financial data of the landlord, property location information, and market value assessments might be important within the context of property management, they do not fall under the stringent personal data regulations outlined in GDPR. Thus, the primary focus of GDPR related to property management hinges on the protection of personal data of tenants and clients.