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In this tutorial, Craig from SharePoint Maven explains how to transfer ownership of a Microsoft Form to a Microsoft 365 group. Initially, forms created by a user belong to their account, limiting management to that individual. Craig uses a mileage reimbursement form as an example to illustrate the process. To change ownership, users must click on the three dots next to the form they wish to transfer, select the "move" option, and then choose the desired Microsoft 365 group from a list of available groups within their tenant. This functionality allows for shared management of forms among group members.