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A. It is unlawful for any individual, firm, association, syndicate, copartnership, trust or any other legal entity, as a principal, agent or otherwise, to sell, to offer to sell, to contract to sell or lease or transfer any division of land or any part thereof in the city unless and until all the requirements hereinafter provided have been performed or guaranteed by bond or other surety satisfactory to city. This shall not be construed to prohibit the sale of any building situate which was of record as such in January 1976.
B. All condominiums, cooperatives or townhouses, commercial and industrial type developments shall be subject to the full requirements of this title as pertinent. (1973 Code § 16.04.040)