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A conditional contractor's lien release form protects contractors, subcontractors, suppliers, and construction professionals who haven't received payment for their work. This form allows the contractor to release any liens and waive the right to claim future liens, contingent upon receiving payment for their services and materials. The lien release will only take effect after payment is made. Key elements to include in the form are the names of both the claimant and customer, a specification of the duties performed, and a detailed account of the value of all labor, services, and supplies provided for which compensation is still awaited.
