It shall be unlawful for any individual, firm, association, syndicate, co-partnership, corporation, trust or any other legal entity, as a principal, agent, or otherwise to;
(A) Divide real property in any manner that shall constitute a subdivision unless and until all the requirements of this chapter have been complied with, or
(B) Sell, lease or divide for purposes of financing or contract, any division of land that shall constitute a subdivision, unless and until all the requirements of this chapter have been complied with or unless the offer to sell, lease or divide is expressly conditioned upon compliance with this Chapter and the Subdivision Map Act. This shall not be construed to prohibit the sale of any lot or parcel of land which is of record as a lot or parcel of land on the effective date of this chapter.
(`67 Code, § 11-1-4)