(a) This subtitle applies only to a service agreement entered into on or after June 1, 2023.
(b) This subtitle does not apply to:
(1) A home warranty or similar product that covers the cost of maintenance of a major home system such as plumbing, electrical, or heating, ventilating, and air-conditioning;
(2) An insurance contract;
(3) An option or right of refusal to purchase residential property;
(4) A declaration created in the formation of a common interest community, as defined in § 1-801 of the Environment Article;
(5) A maintenance or repair agreement entered into by a homeowners association, as defined in § 11B-101 of this article;
(6) A mortgage loan or a commitment to make or receive a mortgage loan;
(7) An agreement relating to the sale or rental of personal property;
(8) Water, sewer, electrical, telephone, cable, or other regulated utility providers; or
(9) A mechanics lien, as established under Title 9 of this article.