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This video discusses the sublease consent form required when entering a sublease agreement. It emphasizes the distinction between a sublease and an assignment. A sublease is a contract between a tenant and a subtenant, typically involving a portion or the entirety of the premises. The tenant retains privity of contract with the landlord, while privity of estate is transferred to the subtenant. As a result, there are two distinct contractual relationships: one between the tenant and subtenant and another between the tenant and landlord; no direct relationship exists between the subtenant and landlord. Unless restricted, tenants are generally assumed to have the right to sublease, but they should seek consent to prevent misunderstandings.