(A)   The owner of each existing lot or parcel of land ten acres or less in size of record in the city shall, prior to the closing of a sale on such lot or parcel, notify the buyer or buyers thereof in writing relative to the items specified in § 156.03 of this chapter.
   (B)   Such notice shall not be required on lots upon which construction of any structure designed for human habitation or use has been completed and for which a certificate of occupancy has been issued as of 9-1-1978.
(1978 Code, § 904.02)