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The video tutorial discusses the sublease consent form essential for entering a sublease agreement, highlighting the distinction between a sublease and an assignment. A sublease involves a tenant and a subtenant, often covering a portion or the entirety of the premises. In this arrangement, the tenant transfers only their privity of estate, not privity of contract, creating two separate contracts: one between the tenant and subtenant, and another between the tenant and landlord. There is no direct relationship between the subtenant and the landlord. If issues arise regarding the premises, the tenant must communicate with the landlord. Unless explicitly restricted, tenants typically have the right to sublease, and should seek consent to clarify any uncertainties.