Any deed of conveyance, sale or contract to sell made contrary
to the provisions of this chapter is voidable at the sole option of
the grantee, buyer or person contracting to purchase, his or her heirs,
personal representative, or trustee in insolvency or bankruptcy within
one year after the date of execution of the deed of conveyance, sale
or contract to sell, but the deed of conveyance, sale or contract
to sell is binding upon any assignee, or transferee of the grantee,
buyer or person contracting to purchase, other than those enumerated,
and upon the grantor, vendor or person contracting to sell, or his
or her assignee, heir or devisee.
(Prior code § 2-4.41)
