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Under what condition can a licensee advertise property for sale or rent?

  1. Without needing to include the firm name

  2. Only with express permission from the property owner

  3. When selling their own property, they don’t need to include the firm's name

  4. Must include the name of the firm with whom the licensee is licensed

The correct answer is: Must include the name of the firm with whom the licensee is licensed

A, B, and C are incorrect because a licensee should always include the name of the firm with whom they are licensed when advertising a property for sale or rent. This is required by law to ensure transparency and accountability for both the licensee and the firm. Not including the firm name could result in misleading or false advertising, which can have legal consequences. Therefore, option D is the only correct answer.