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A conditional contractor's lien release form is used to protect contractors, subcontractors, suppliers, and other construction professionals who have not been paid for their work. By signing the form, the contractor waives any liens and future claims on the project, contingent on receiving payment. The form includes details such as the names of the parties involved, the work to be done, and the value of labor and supplies provided. Payment must be made for the form to take effect.
