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The video tutorial explains the importance of a sublease consent form in a sublease agreement. It highlights that a sublease is distinct from an assignment, involving the tenant and the subtenant, typically concerning part or all of the premises. The tenant retains privity of contract with the landlord, while the relationship between the subtenant and landlord is not direct. If issues arise, the subtenant must notify the tenant, who then informs the landlord. Generally, if a lease does not prohibit subleasing, tenants can assume they may do so freely. To prevent misunderstandings, tenants are advised to seek explicit consent for subleasing.