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OTRC: Mel Gibson to pay Oksana Grigorieva $750,000 as part of settlement over daughter

(Pictured: Mel Gibson speaks to KABC, OnTheRedCarpet.com's parent company, in 2009. / Oksana Grigorieva speaks to Larry King on 'Larry King Live!' on Nov. 17, 2010.) (KABC / CNN)

Mel Gibson has been ordered to pay ex-girlfriend Oksana Grigorieva $750,000, and allow her and their infant daughter to remain in a home he owns, as part of a custody deal.

The 55-year-old actor and Grigorieva, a 41-year-old musician, reached the agreement last week after battling in court for months. The two discussed it with a judge on Wednesday, August 31.

According to the deal, the two will share custody of Lucia, who is nearly 2, and Gibson is to give Grigorieva $750,000 in three payments of $250,000 until Jan. 1, 2016, when their daughter will be 6 years old. The actor had been paying Grigorieva $5,000 a month in child support up until now, OnTheRedCarpet.com has learned.

The Los Angeles home Grigorieva and Lucia currently reside in, said to be worth more than $2 million, will be placed in a trust for the infant and the two can now continue to live there for free. When Lucia turns 18 or if her child support ends, the home must be sold and its profits must be transferred to her trust.

Gibson is also responsible for the home's property taxes and maintenance costs as well as for any repairs that cost $5,000 or less, the deal states.

It also says Grigorieva and Lucia cannot be away from the house for more than 120 days. Gibson can enter the home through an agent and can order that improvements be made to it if he wishes, although he must provide his ex-girlfriend and daughter with alternative housing if they are displaced.

Grigorieva will be allowed to receive her payments from Gibson after she signs legal releases, including those related to the house, which Gibson bought for her before they broke up in the spring of 2010 after dating for about a year.

Gibson was also ordered to provide for Lucia the same amount of funds allocated in his will to his other seven children with ex-wife Robyn.

"Thank you, your honor, for bringing this to a reasonable conclusion," Gibson told the judge.

In May, Grigorieva dropped a domestic violence claim that she had submitted against the actor amid their custody battle. It stemmed from a January 2010 confrontation. The incident spurred the leak of a widely-publicized racist, sexist and misogynistic rant said to have been made by the actor to Grigorieva over the phone, as well as leaked photos of her with bruises.

Gibson was charged with misdemeanor battery and made a plea deal over the matter in March.

He was sentenced to informal probation for 36 months, 16 hours of community service with Mending Kids International, a 53-week domestic violence program, continued mental health counseling and a $400 domestic violence fine. If he violates his probation, Gibson could face up to a year in prison.

The judge said the actor's and Grigorieva's custody deal could be canceled if she discusses it in the press and also said no books or articles can be authorized or written by a ghostwriter about the couple's relationship.

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