1. Annotated Code of Maryland, Business Occupations and Professions Article, § 17-322(b)(4). This statute explicitly states that a licensee may not "intentionally or negligently... make any substantial and willful misrepresentation." This directly addresses the act of making false statements.
2. Code of Maryland Regulations (COMAR) 09.11.02.01(D). This regulation under the Maryland Real Estate Commission's Code of Ethics specifies that "An advertisement may not be false or misleading." This covers the advertising aspect of the question.
3. University of Maryland, Francis King Carey School of Law. Course: Real Estate Transactions. Course materials on professional responsibility emphasize that misrepresentation, including material omissions, is a primary form of misconduct for which a real estate licensee can be disciplined. This aligns with the fundamental legal principles taught at the university level. (Reference to general principles covered in such curricula).