Vodicka described the settlement as "fair."
The final papers were signed Thursday by a retired judge at the Collin County Courthouse in McKinney.
SMU maintained Vodicka had no legitimate claim to the condo where he once lived. He balked at selling the property to make way for the Bush library.
School attorney Leon Bennett says the only way to have good title to the property was to clear it up and that is what the settlement accomplishes.