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A conditional contractor's lien release form is designed to protect contractors, subcontractors, suppliers, and other construction professionals who have not received payment for their work. This form allows a contractor to release any liens and waive their right to future liens, contingent upon receiving payment for the services and materials provided. It does not take effect until payment is made. Typically, the form 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 pending.