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. 1. a sum charged or paid, as for professional services or for a privilege: a doctor's fee; an admission fee. 2. Law. a. an estate of inheritance, either without limitation to a particular class of heirs (fee simple) or limited to one particular class of heirs (fee tail).