> For the complete documentation index, see [llms.txt](https://help.rephonic.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.rephonic.com/my-account/how-to-transfer-team-ownership.md).
# How to transfer team ownership
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Only the **team owner** can transfer ownership to an existing team member.
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First, go to the [team](https://rephonic.com/account/team) page and then click the settings icon next to the team member to transfer ownership to.
Then, click the **Transfer Ownership** button. Once the transfer is done, you will lose owner privileges but retain administrator and billing manager rights.
