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The video tutorial explains the sublease consent form in sublease agreements. It distinguishes between a sublease and an assignment, noting that a sublease is formed between a tenant and a subtenant, often covering only a portion of the premises, but can encompass the whole area. In a sublease, the tenant transfers privity of estate, maintaining privity of contract with the landlord, leading to two separate contractual relationships: one between the tenant and subtenant and another between the tenant and landlord. There is no direct relationship between the subtenant and the landlord. If issues arise, the tenant must communicate problems to the landlord. Unless a lease restricts it, tenants can generally sublease freely, but consent should be requested for clarity.