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This video covers the importance of a sublease consent form in a sublease agreement, emphasizing the distinction between a sublease and an assignment. A sublease involves a tenant and a subtenant, often concerning part of the premises, but it can also apply to the entire space. In this arrangement, the tenant retains the privity of contract with the landlord but transfers only the privity of estate to the subtenant, creating two separate contractual relationships. The subtenant has no direct contractual relationship with the landlord. If issues arise, the tenant must communicate with the landlord via the tenant. If the lease doesn’t explicitly prohibit subleasing, it's typically assumed the tenant can sublease freely. Tenants should request consent to sublease to avoid misunderstandings.