1. (a) Except as otherwise provided in this chapter, this chapter does not apply to a residential real estate service agreement entered into before March 15, 2024.

2. (b) This chapter does not apply to any of the following:

   1. (1) A home warranty or similar product that covers the cost of maintenance of a major home system, such as:

      1. (A) a plumbing system;
      2. (B) a heating, cooling, and ventilation system; or

      3. (C) electrical wiring;

         for a fixed period.

   2. (2) An insurance contract.
   3. (3) An option to purchase residential real estate or a right of refusal to purchase residential real estate.

   4. (4) A declaration that is created in the formation of:

      1. (A) an association of co-owners (as defined in IC 32-25-2-2 ) for a condominium (as defined in IC 32-25-2-7 ); or

      2. (B) a homeowners association (as defined in IC 32-25.5-2-4 );

         including any amendment to the declaration.

   5. (5) A maintenance or repair agreement entered into by:

      1. (A) an association of co-owners (as defined in IC 32-25-2-2 ) for a condominium (as defined in IC 32-25-2-7 ); or
      2. (B) a homeowners association (as defined in IC 32-25.5-2-4 ).
   6. (6) A mortgage loan or a commitment to make or receive a mortgage loan.
   7. (7) A security agreement under IC 26-1 concerning the sale or rental of personal property or fixtures.

   8. (8) Providers of:

      1. (A) utility services, including water, sewer, gas, or electric service; or
      2. (B) communications service (as defined in IC 8-1-32.5-3 ).
   9. (9) A land contract (as defined in IC 24-9-2-9.5 ).
   10. (10) An attorney's lien authorized by IC 33-43-4 .

   11. (11) A statutory lien authorized by this article, including:

       1. (A) the lien of a broker company (as defined in IC 32-28-12.5-0.5 ) upon commercial real estate under IC 32-28-12.5-5 ; or
       2. (B) a mechanic's or materialman's lien under IC 32-28-3 .

As added by P.L.62-2024, SEC.1.