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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. He begins by noting that when a form is created, it is initially owned by the individual account that created it, meaning only that user can manage it and see the responses. To transfer ownership, users need to click on the three dots of the form they wish to move and select the 'move' option. This action allows them to choose from a list of Microsoft 365 groups within their tenant, enabling collaborative management of the form.