The items shown on the statement will reflect the purchase price, the funds deposited or credited to your account, payoffs on existing encumbrances and/or liens, the costs for all services and a determination of the funds you are entitled to at the close of the escrow.
In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership. It is a way that real estate may be owned in common law countries, and is the highest possible ownership interest that can be held in real property.
fee (n). An allowance is a stipulated amount furnished at regular intervals as a matter of discretion or gratuity, as of food to besieged soldiers, or of money to a child or ward. Compensation is a comprehensive word signifying a return for a service done.