In a publishing contract, warranties and indemnities guarantee a certain quality and level of professionalism from an author. The author also promises to pay for any fallout resulting from his or her work. Here are some examples of warranties and resultant indemnities that may be included in a contract.
Authors often have dreams of making a lot of money from their craft, and, depending on your genre and publishing contract, that could happen. Authors make money in two phases: the advance and any subsequent royalties. Here's the breakdown of both of those and how to understand the income you earn from your book.
When an author signs a contract with a publishing house, the very first clause lays out the rights granted to the publisher. Without this clause, the contract doesn't exist and the author's manuscript doesn't get published. So what is a "grant of rights" and what does it entail?
Diamond in the Slush 