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A conditional contractor's lien release form protects contractors, subcontractors, suppliers, or other construction professionals who haven't received payment for their work. This form allows the contractor to release any liens and waive the right to future liens, contingent upon receiving payment. It becomes effective only after payment is made. The form typically includes the names of both the claimant and customer, specifies the duties to be performed, and details the value of all labor, services, and supplies provided for which compensation is still pending.