Subdivision 1. Interest abolished. The marital property interest in real property, as defined in section 518.003, subdivision 3b, that was owned by a person's former spouse is abolished effective July 1, 1990, as against the interest of a third person that is of record before January 1, 1989.
Subd. 2. Exceptions. Subdivision 1 does not apply if:
(1) the marital property interest is determined under a decree of dissolution, legal separation, or annulment; or
(2) an action claiming the marital property interest is begun before July 1, 1990, and a notice is recorded within that period in the office of the county recorder or registrar of titles in the county where the property is located.
History:1989 c 229 s 3; 2005 c 4 s 124; 2005 c 164 s 29; 1Sp2005 c 7 s 28