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No person owning land composing a subdivision, or his agent, shall transfer or sell any lot or parcel of land located within a subdivision by reference to, or by exhibition, or by any other use of plat of such subdivision, before such plat has received final approval of the Planning Commission and has been recorded by the County Clerk. Any such instrument of transfer, or sale, shall be void and shall not be subject to be recorded unless the subdivision plat subsequently receives final approval of the Planning Commission, but all rights of such purchaser to damages are preserved. The description of such lot or parcel by metes and bounds in any instrument of transfer or other document used in the process of selling or transferring same shall not exempt the person attempting to transfer from penalties provided or deprive the purchaser of any rights or remedies he may otherwise have. Provided, however, any person, or his agent, may agree to sell any lot or parcel of land located within a subdivision by reference to an unapproved or unrecorded plat or by reference to a metes and bounds description of such lot and any such executory contract of sale or option to purchase may be recorded and shall be valid and enforceable so long as the subdivision of land contemplated therein is lawful and the subdivision plat subsequently receives final approval of the Planning Commission.
(KRS 100.277(3)) (Ord. 930.1, passed 3-15-71) Penalty, see § 155.99