§ 156.272 BUILDING EFFECT.

   (A)   Unless modified or terminated as described in § 156.277, a written commitment is binding on:

      (1)   The owner of the parcel;

      (2)   A subsequent owner of the parcel; and

      (3)   A person who acquires an interest in the parcel.

   (B)   A written commitment shall be binding on the owner of the parcel even if the commitment is unrecorded (see § 156.276 on recording); however, an unrecorded commitment is binding on a subsequent owner or other person acquiring an interest in the parcel only if that subsequent owner or other person has actual notice of the commitment.

(Ord. 2014-26, passed 9- -2014) Penalty, see § 156.999