Indiana HB1372 regulates commercial property services contracts, including notice periods for contract terminations and automatic renewals.

Indiana HB1372 amends the Indiana Code to regulate commercial property services contracts. It defines "commercial property services contract" as agreements entered into after June 30, 2026, providing services and related personal property for commercial property. The bill mandates that automatic renewal clauses in these contracts cannot exceed 12 months and must specify a notice period for termination. The notice period must start at least 120 days before and end no later than 30 days before the contract expiration. Non-compliant automatic renewal clauses are void and unenforceable.

Indiana HB1372 regulates commercial property services contracts, including notice periods for contract terminations and automatic renewals.

Indiana HB1372 amends the Indiana Code to regulate commercial property services contracts. It defines "commercial property services contract" as agreements entered into after June 30, 2026, providing services and related personal property for commercial property. The bill mandates that automatic renewal clauses in these contracts cannot exceed 12 months and must specify a notice period for termination. The notice period must start at least 120 days before and end no later than 30 days before the contract expiration. Non-compliant automatic renewal clauses are void and unenforceable.