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The video tutorial discusses the importance of a sublease consent form in sublease agreements. It clarifies the distinction between a sublease and an assignment, noting that a sublease occurs between a tenant and a subtenant, usually involving a portion of the premises but sometimes the entire property. In a sublease, the tenant retains privity of contract with the landlord, while transferring only privity of estate to the subtenant, leading to two separate contractual relationships. The subtenant does not have a direct contractual relationship with the landlord. If issues arise, the subtenant must communicate through the tenant to the landlord. If a lease does not expressly restrict subleasing, tenants may typically do so freely, but they should seek consent to avoid confusion.