Current through P.L. 171-2024
Section 32-28-15-1 - Applicability(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.(b) This chapter does not apply to any of the following:(1) A home warranty or similar product that covers the cost of maintenance of a major home system, such as: (B) a heating, cooling, and ventilation system; or(C) electrical wiring; for a fixed period.
(2) An insurance contract.(3) An option to purchase residential real estate or a right of refusal to purchase residential real estate.(4) A declaration that is created in the formation of:(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(B) a homeowners association (as defined in IC 32-25.5-2-4); including any amendment to the declaration.
(5) A maintenance or repair agreement entered into by:(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(B) a homeowners association (as defined in IC 32-25.5-2-4).(6) A mortgage loan or a commitment to make or receive a mortgage loan.(7) A security agreement under IC 26-1 concerning the sale or rental of personal property or fixtures.(8) Providers of:(A) utility services, including water, sewer, gas, or electric service; or(B) communications service (as defined in IC 8-1-32.5-3).(9) A land contract (as defined in IC 24-9-2-9.5).(10) An attorney's lien authorized by IC 33-43-4.(11) A statutory lien authorized by this article, including:(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(B) a mechanic's or materialman's lien under IC 32-28-3.Added by P.L. 62-2024,SEC. 1, eff. 3/11/2024.