Who must agree before a principal broker can disburse money from property management accounts?

The correct answer highlights the importance of the property owner's consent before any disbursement of funds from property management accounts can occur. In property management, the principal broker has a fiduciary duty to act in the best interests of the property owner, which includes adhering to the terms of the management agreement. This agreement typically stipulates that the owner has authority over financial transactions related to their property. Therefore, before any money can be released or distributed from the property management account, it is necessary to secure the property owner's agreement. This ensures that all transactions align with the owner's wishes and legal rights regarding their property and finances.

The other choices, while they may involve other aspects of property management, do not hold the same level of authority regarding financial decisions. Tenants do not have ownership rights and typically cannot dictate how a property owner's funds are handled. The local housing authority and the real estate board may have regulatory roles, but they do not have direct power over transactions unless specific violations are involved, which does not apply universally to all disbursement situations in property management.