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This video tutorial demonstrates how to change the ownership of a Google Sheet, allowing a new user to own the file. To do this, open the Google Sheet, go to File, Share, and enter the email address of the new owner. Optionally, you can write a message before sending the invitation. Once the email address shows up as an editor, select the drop-down menu and choose the option to make them the owner. It is important to note that the new owner will have full control over the file and could restrict access to others. If you are certain about making them the owner, select yes to confirm.