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 simple is a legal phrase that indicates the highest form of property ownership. Fee comes from the word fiefdom, which means the legal rights in land. Simple in this case means without constraints. So, fee simple ownership of a bit of property means the absolute and unqualified legal title to the land and any permanent buildings on it; no one else has any claim to the property at all.