Escrow Agent Not Responsible for Genuineness Clause Samples
The "Escrow Agent Not Responsible for Genuineness" clause defines that the escrow agent is not liable for verifying the authenticity or validity of documents, signatures, or instruments deposited into escrow. In practice, this means the agent will accept items as presented and will not investigate whether they are forged, altered, or otherwise defective. This clause protects the escrow agent from legal responsibility if any document or instrument later proves to be inauthentic, thereby allocating the risk of forgery or fraud to the parties involved rather than the neutral third party holding the escrow.
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Escrow Agent Not Responsible for Genuineness. The Escrow Agent will not be responsible or liable in any manner whatever for the sufficiency, correctness, genuineness or validity of any escrow security deposited with it.