Section 345
Survivorship
of National Land Code (Revised - 2020)
(1)
Where, pursuant to section 344 or the corresponding provisions of any previous land law, any land, share or interest is registered in the names of two or more persons or bodies “as trustees”, it shall be held by them jointly; and accordingly, on the death of any of them or, in the case of a body, its dissolution, the said land, share or interest shall vest exclusively in the other or others.
(2)
Subsection (1) shall apply in respect of any land, share or interest notwithstanding the inclusion under any previous land law of the words “no survivorship” in the memorial or registration in question; and the Registrar may accordingly, either of his own motion or on the application of any interested person or body, cancel those words on any document of title or other instrument.
Part Twenty-Two—TRANSMISSION ON DEATH AND
BANKRUPTCY
Death