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This video explains the sublease consent form in the context of a sublease agreement. It clarifies that a sublease is distinct from an assignment and involves an agreement between the tenant and the subtenant, typically for part or all of the premises. The tenant transfers only their privity of estate, retaining privity of contract with the landlord, creating two separate contractual relationships. There is no direct contract between the subtenant and landlord; any issues the subtenant faces must be communicated through the tenant to the landlord. If a lease does not limit the right to sublease, tenants can generally sublease freely, but it's advisable to seek consent to prevent misunderstandings.