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.
(redirected from fee schedule) Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia, Wikipedia. A compensation paid for particular acts, services, or labor, generally those that are performed in the line of official duties or a particular profession. An interest in land; an estate of inheritance. An estate is an interest in land, and a fee, in this sense, is the shortened version of the phrase fee simple.