Escrow services in Paramount are defined as an arrangement where an independent trusted third-party receives and distributes money and/or documents for two or more transacting parties, the timing being dependent on the performance by the parties on contractual provisions, or a trust account for payment of property taxes & insurance premiums by the borrower or an account legally created by a broker to hold his funds until a transaction is terminated.
Escrow services in Paramount refer to holding of money by a third-party on behalf of transacting parties. Escrow is an account different from the mortgage account. The escrow agent is solely accountable for the escrow funds and ensuring explicit usage of funds for the intended purpose. Escrow services are commonly used in the transfer of high value personal and business properties.
Energy Efficiency Programs Save Customers Millions of Dollars (Long Island, NY) PSEG Long Island announced today that customers participating in energy efficiency programs in 2015 will save more than $60 million and 307,582,000 kilowatt hours (kWh) per year. The amount of energy saved is good for the environment, too, as it results in the elimination of the carbon dioxide emissions..