Legal Question in Entertainment Law in California

Make sure your contracts specifically include terms addressing accounting methods, audits, and repercussions if discrepancies occur beyond a certain percentage.

Feel free to contact me or another attorney in your area if you need further assistance.

Goodluck,

Jim

You need to have audit rights written into the contract. There are some elements of this you'll want to be sure to include (or delete), so it's best if you have a qualified attorney advise you. As the money person, you're in a good position to dictate terms. Once you sign, you have no negotiating power.

If you've got the money to invest in the film, you should spend the money to have an attorney represent and protect you. Be aware that what the people you're contracting with tell you a contract says may not be what it actually means legally.