The owner or agent of the owner of any parcel of land, tract or lot that was not created by an approved final plat, a government patent or a U.S. survey, shall not convey by sale, gift, or other transfer or by lease, or agree or enter into a contract to sell, transfer or lease, any such parcel before the final plat of such subdivision has been approved and recorded by the planning commission in accordance with the provisions of this title. A person who violates this requirement shall be punishable upon conviction by a fine of not more than one thousand dollars ($1,000) for each lot, tract or parcel conveyed or leased or which is subject to the agreement to sell, transfer or lease. Any such conveyance, lease, agreement or contract is illegal and void ab initio. A lease for the purpose of this chapter is a lease with a term of twenty (20) years or more, including all extension and renewal terms that may be exercised by the lessee. [Ord. 01-05 § 7.]