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A contractor's lien release form protects contractors, subcontractors, suppliers, or construction professionals who have not received payment for their services. It is used to confirm that the other party is released from obligation to make further payments after payment is received or a lien settlement is documented. Depending on the jurisdiction, the form may need to be signed and filed with the appropriate public entity. Key elements of the form typically include the names and addresses of both parties, a description of the duties performed, the value of labor and supplies provided, the project location, and signatures.
