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The video explains the sublease consent form and highlights the difference between subleases and assignments. A sublease is an agreement between a tenant and a subtenant, usually covering part or all of the premises. In a sublease, the tenant retains their privity of contract with the landlord, while only transferring privity of estate to the subtenant, resulting in two separate contractual relationships. The subtenant has no direct relationship with the landlord. If issues arise, the tenant must notify the landlord through the tenant. If the original lease does not explicitly restrict subleasing rights, tenants may typically sublease freely; however, requesting consent is advisable to avoid misunderstandings.
