Kelly Clarkson and her ex, Brandon Blackstock, have struck a deal over their Montana ranch.
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According to legal documents, obtained by ET, the talk show host agreed to give Blackstock a 5.12 percent ownership of their Warren Peak Ranch property. While the ranch is valued at $17,750,00, the documents indicate"Brandon's 5.12% ownership interest in the Warren Peak Ranch is $908,800." There's also an adjoining property and, according to legal documents filed Thursday in L.A. Superior Court,"Brandon has no ownership interest" in that property and"Kelly owns 100%" of said property. The judge on Wednesday signed off on the settlement.udge ruled
that the Montana ranch belonged to the singing competition judge. At the time, Blackstock argued that all property and assets -- including the ranch -- acquired during their marriage were marital property owned at an even 50/50 split. That position, however, was rejected, after the judge ruled property acquired during their marriage was subject to the terms of the prenuptial agreement. .
"Kelly is thankful for her relationship with Brandon, she learned a lot about herself and had two perfect kids," a source told ET back in September."Kelly is looking forward to moving on and successfully co-parenting with Brandon."This video is unavailable because we were unable to load a message from our sponsors.
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