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This video explains the sublease consent form, focusing on the distinction between a sublease and an assignment. A sublease involves an agreement between a tenant and a subtenant, typically covering a portion or the entire premises. In a sublease, the tenant retains privity of contract with the landlord but transfers only privity of estate to the subtenant, resulting in two distinct contractual relationships. The tenant remains responsible for communicating any property issues to the landlord. If a lease does not prohibit subleasing, tenants generally have the right to sublease, but it is advisable to seek consent to prevent misunderstandings.