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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 are created under an individual account, and all responses are managed by that account. For example, a mileage reimbursement form created by the presenter is solely managed by him. To transfer ownership, users should click on the three dots next to the form, select "move," and choose the desired Microsoft 365 group from the list provided. This allows collaborative management of the form among group members within the tenant.