Sheaf definition vs "Mayer Vietoris"

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Let $F$ be a presheaf on a space $X$ and say that $F$ has property MY if for all $U, V$ open in $X$ we have an exact sequence $$0 \to F(U \cup V) \to F(U) \oplus F(V) \to F(U \cap V)  $$

Is this property the same as the sheaf property ?

I think I can show it by recurrence.