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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. The form releases any liens and waives the right to future liens upon receiving payment. It includes the names of the claimant and customer, details the work to be performed, and specifies the value of labor, services, and supplies provided for which compensation is pending. The form only takes effect once payment is received.
