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This video tutorial covers two main concepts: subleasing (or subletting) and assignment of leases. It emphasizes that all real estate contracts, including leases, can be assigned unless explicitly prohibited. The video explains the distinctions between assignment of a lease and subleasing within a landlord-tenant relationship, involving the lessor (landlord) and lessee (tenant). An example is provided, illustrating a one-year lease for a single-family house at $500 per month, highlighting that the concepts apply to various property types, including apartments and commercial spaces.