Data Management

Question 1

What is the Key Legislation in place for Data Management ?

Answer 1

General Date Protection Regulation (2016) Data Protection Act (2018)

Question 2

What does GDPR stand for and what is it ?

Answer 2

General Data Protection Regulation

It came into force in May 2018 and represents the largest change in Data protection law across the EU. With it’s main aim being to empower individuals to take control of their personal information.

Question 3

What to the key requirements of GDPR include ?

Answer 3

• Access for individuals to have personal data removed.
• Firms need a GDPR officer.
• Strictly rules and fines being in place.

Question 4

Give examples of some of the principles of GDPR?

Answer 4

-Data must be:

• Processed lawfully - Consented - Collated for legitimate purposes - data to be kept up to date - kept securely

Question 5

How does your company keep data safe from corruption ?

Answer 5

• Backups off site
• Password protection
• Use of anti virus software
• Firewall

Question 6

What are the principles of the Data Protection Act 2018?

Answer 6

1. Processed Fairly & Lawfully
2. Legitimate Purposes
3. Adequate and not excessive
4. Accurate and up to date data
5. Relevant data
6. kept securely
7. Having a controller taking responsibility for compliance.

Question 7

What 8 individual rights under GDPR?

Answer 7

The right to be:

1. Informed
2. Of access
3. Rectification
4. Erasure
5. Restrict processing
6. Data probability
7. Object

Question 8

How can you keep data secure ?

Answer 8

• Firewall
• Backups off site
• Password protection
• Anti virus software

Question 9

What is the Freedom of Information Act 200?

Answer 9

• Gives the public the right to request information from public bodies.
• Info is to be provided within 20 working days

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Question 10

What information is found on Title Documents ?

Answer 10

• Ownership info
• Tenure
• Price paid
• Title Plan
• Shared access

Question 11

What is a deed ?

Answer 11

A legal document made under seal. A signed document that confirms transfer of ownership

For land not registered with land Regisry.

Question 12

What’s a data room?

Answer 12

Set up for property transactions.

Access given to relevant parties via a password.

• Contain relevant info needed for the transaction.