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The video tutorial explains the sublease consent form in the context of subleasing. It emphasizes the distinction between a sublease and an assignment, noting that a sublease involves a tenant and a subtenant, often for part or all of the premises. In a sublease, the tenant transfers privity of estate but retains privity of contract, establishing separate contractual relationships: one between the tenant and the subtenant, and another between the tenant and the landlord, with no direct contract between the subtenant and the landlord. If issues arise, the tenant must communicate them to the landlord. Unless a lease explicitly prohibits subleasing, tenants may generally do so freely, but consent should be requested to avoid confusion.