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A talent release form should be signed before the start of production. If you plan to sell the recording, or the rights to the recording, any media company interested in buying them will require talent releases. In a video production, talent releases should be obtained from both primary actors and from extras.
Passive talent release. a document that serves as general notice indicating that, from time to time, organizations outside the school system may request permission to video record inside the school building. Parents acknowledge the release by not responding to the notice. Copyright law.
A minor release form (parents will sign for their kids). And a location release form (for any establishment you're shooting in). Each of these involves a similar kind of legal-y jargon that essentially waives their right to object to being in your film after you've finished producing it.
Your talent release form should grant you the right to use an actor's name, voice, image, likeness and performance. The form should include production company, project name and the director and producer names. You need this release to cover your liability and is a requirement by distributors.
A model release form is a liability waiver signed by a model, actor, or other performer that grants a production entity the right to commercially publish their name, voice, image, likeness and/or performance within specific, agreed-upon terms. In other words, it's a legal contract.