A salesperson must do which of the following regarding rental property he just bought and plans to manage personally?

• A. advertise the rental property under the name of his broker's company
• B. require the first and last month's rent as a security deposit from each tenant
• C. make certain that all advertisements on the property include price, location, size, and the type of lease to be used
• D. obtain his broker's approval of the trust account used for any security deposits received

Answer: (D)