Reconciliation of Parties: Transformation of Married Person's

Separate Homestead Into Joint Protection Homestead: Reduction of Exemption. When a homestead has been declared under § 43401 by a married person following the entry of an interlocutory judgment of dissolution of a marriage upon property awarded to such person by such judgment, a subsequent reconciliation of the parties when evidenced by a dismissal of such dissolution action executed by both parties or their attorneys of record shall transform such homestead into a joint protection homestead, which shall thereafter have the force and effect of a homestead selected under this Chapter. If each such married person has selected a homestead under this Article, and such a dismissal has been filed after reconciliation, one of the homesteads must be abandoned or the exemption under each shall be reduced by one-half (2).