because it's your friend making the short and not some university then i still think it's much easier than having to hire a lawyer to draw up papers and such. people make shorts all the time. they don't freak out about the rights and such. maybe if you turn into one with a george lucas success story then things change but i think you can deal with that when you get to that point. contracts can always be rewritten.
anyhoo - for legal questions i suggest you visit this site:
http://www.marklitwak.com/
And, for what it's worth, I have to reiterate my advice -- visit a lawyer.
Look, people enter into these loosie-goosie "hey, we're pals, we'll figure it all out" kinds of arrangements all the time.
And most of the time it doesn't matter, because at the end of the day, nobody actually makes any money.
And so long as nobody makes any money, it really doesn't matter and never will matter.
Just the same way that the countless thousands of garage bands where this guy is writing and that guy is writing and who owns what and who's really in the band and who isn't and who really owns the songs and who doesn't and "we're all in this together" and "we're all friends" -- almost always never really matters because the bands never hit it big and never make any money.
Except when they do -- and then all of a sudden, it does matter, and those little "friend" agreements scratched on the backs of napkins suddenly don't mean much -- and yeah, you can renegotiate the contract "afterward."
But renegotiating a deal "afterward" -- when there are millions of dollars at stake isn't quite the same as getting everything clear before. Suddenly, things are a little bit tougher and all that love and friendship and all the rest are out the window.
The last thing you want to do is to be staking your rights on advice that you're getting from people that you don't know on a website. This website or any other website.
If you don't care about the rights to your short script, then give them away for a dollar, or sell them and be done with it.
Or else talk to an entertainment attorney.
If you can't afford one, most states have what's known as a Volunteer Counsel for the Arts, where lawyers donate free or inexpensive legal services to members of the arts community.
Chances are, your state has one too. Check it out.
If this is something that is really important to you, then talk to an attorney.
There is always a stock answer to anyone who complains that getting a lawyer is too expensive -- and that is that if you think having a lawyer is too expensive -- try seeing how much *not* having will run you.
NMS