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This video explains the sublease consent form and the distinctions between a sublease agreement and an assignment. In a sublease, the agreement is between the tenant and the subtenant, typically covering part or all of the premises. The tenant retains privity of contract with the landlord but transfers only the privity of estate to the subtenant, creating separate contractual relationships. The subtenant has no direct relationship with the landlord; issues must be communicated through the tenant. If the lease does not prohibit subleasing, tenants may do so freely, but it is advisable to seek consent to ensure clarity and avoid potential disputes.