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The video discusses the sublease consent form in the context of sublease agreements. It emphasizes distinguishing between subleases and assignments. A sublease is an agreement between a tenant and a subtenant, typically involving a portion of the premises, but can include the entire property. In a sublease, the tenant transfers only the privity of estate, not the privity of contract, resulting in two separate relationships: one between the tenant and subtenant, and another between the tenant and landlord. There is no direct contractual relationship between the subtenant and landlord. If there are issues with the premises, the tenant must relay them to the landlord. Unless explicitly restricted, tenants may assume they can sublease, but should seek consent to avoid confusion.