Any deed of conveyance, mortgage, deed of trust, or other lien or lease or sale or contract to sell, mortgage, lien or lease made contrary to the provisions of this title is voidable at the sole option of the grantee, buyer, tenant, mortgagee, beneficiary, or person contracting to purchase or to accept a lien or mortgage or to lease as a tenant, his heirs, personal representatives or trustee in insolvency or bankruptcy within one year after the date of the execution of the deed of conveyance, mortgage, deed of trust, other lien, lease or sale, or contract agreeing thereto, but such deed of conveyance, sale, mortgage, deed of trust, lien, lease, or contract, is binding upon any assignee or transferee of the grantee, mortgagee, beneficiary, tenant, buyer, or person contracting therefor, other than those above enumerated, and upon the grantor, vendor, mortgagor, trustor, landlord, or person so contracting, his assignee, heir, or devisee.
(Ord. 121 § 108, 1967).