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This video tutorial discusses two key concepts: subleasing (or subletting) and assignment of leases. It emphasizes that all real estate contracts, including lease contracts, can be assigned unless explicitly prohibited. The video explains the difference between subleasing and assignment, focusing on the typical landlord-tenant relationship, where the landlord (lessor) enters into a lease agreement with the tenant (lessee). For instance, in a one-year lease at $500 per month for a single-family home, the principles apply universally, regardless of property type. Overall, it clarifies how these concepts operate within the framework of lease agreements.