How to fix continuous deployment error for .NET 4.5 in Team Foundation Service

If you’re configuring continuous deployment on Team Foundation Service for a .NET 4.5, you may get an error like the following in the build log:

Exception Message: The application pool that you are trying to use has the 'managedRuntimeVersion' property set to 'v4.0'. This application requires 'v4.5'.
  Learn more at: (type DeploymentDetailedException)

I don’t recall exactly where (may have been here), but the solution is to simply add the following property to the project file:


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