163—Insertion
of the words "with no survivorship" in instruments
If an instrument grants or transfers an estate or interest in land to 2 or
more persons as joint proprietors intended to be held by them as
trustees—
(a) a
party to the instrument may use the words "with no survivorship" in the
instrument; and
(b) the
Registrar-General must, if the words "with no survivorship" are used in the
instrument, record that fact in the Register Book and on a conspicuous place
on any certificate issued to the joint proprietors.