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A conditional contractor's lien release form protects contractors, subcontractors, suppliers, or other construction professionals who have not received payment for their work. By using this form, a contractor releases and waives their right to future liens, contingent upon receiving payment for completed work and materials. The release is effective only upon payment. Key components to include in the form are the names of the claimant and customer, a specification of duties performed, and a detailed listing of the value of all labor, services, and supplies provided to the project for which payment is still pending.