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This video tutorial explains the sublease consent form and its relevance to sublease agreements. It emphasizes the distinction between a sublease and an assignment. A sublease involves a tenant subleasing to a subtenant, which may cover part or the entire leased premises. In a sublease, the tenant transfers only their privity of estate, maintaining a separate privity of contract with the landlord. There is no direct contractual relationship between the subtenant and the landlord. Should any issues arise with the premises, the tenant must relay them to the landlord. If a lease does not prohibit subleasing, tenants may typically do so freely; however, it’s advisable to obtain consent to prevent misunderstandings.
