align="center">CHAPTER 26. SPRING LAKE SPECIFIC PLAN BUILDING UNIT ALLOCATION PROGRAM
Sec. 26-5-10. Transfer or exchange by landowner--Approval required.
Except as described in Section 26-5-12 of this chapter, any landowner may
transfer or exchange BUAs to another landowner in the plan area. The city shall
not recognize such transfer or exchange for any purpose unless and until it is
provided with a legally binding document bearing the notarized signature of the
original assignee of the BUA evidencing the transfer or exchange of the BUA to
the current holder. (Ord. No. 1343, § 3, (part).)