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Save Lien Release Form in PNG

Save Lien Release Form in PNG

Aug 6th, 2022

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How to Save Lien Release Form in PNG

4.8 out of 5

23 votes

A conditional contractor's lien release form is a legal document that protects contractors, subcontractors, suppliers, and other construction professionals who have not received payment for their work. This form enables the contractor to release any liens and waive future lien claims, contingent upon receiving payment. It becomes effective only upon payment. Key components of the form include the names of both the claimant and the customer, a specification of the duties to be performed, and a detailed accounting of the labor, services, and supplies provided to the project for which compensation is still owed.

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