The pair's divorce, filed in March 2012, was finalised on Tuesday, reported TMZ Online.
The split, which is amicable, gives both parties 50-50 custody of their three daughters: Luca Bella, 15, Lola Ray, 10, and Fiona Eve, six.
There is no formal custody arrangement, and the parents have funded a joint bank account for their girls. Both declined spousal support.
Garth, 41, went on to date other men and has most recently been linked to Big Gigantic drummer Jeremy Salken.
Whereas, Facinelli, 39, has been seen with actress Jaimie Alexander.
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