Hasselhoff pays ex-wife $3.25mn in exchange for marital house

Melbourne: Baywatch star David Hasselhoff has paid 325,000 dollars to ex wife Pamela Bach in hard cash to take ownership of their marital home.

According to TMZ.com, he is severing all ties with his ex-wife and actress Bach, reports the Daily Telegraph.

His attorney, Mel Goldsman, filed documents in Los Angeles County Superior Court stating that Bach gave up their 3.25-million-dollar property in Los Angeles in exchange for Hoff``s compensation payment in cash.

The two divorced in 2006 over irreconcilable differences but Bach accused Hoff of violent behavior later.

On June 15, 2007, Hoff was awarded custody of their daughters - Hayley, 17, and Taylor Ann, 20.