What's contract ownership?
Being designated as an owner on a contract makes it possible to search for the contract using the My Contracts option. In this way, contract ownership facilitates easier searching for a contract.
A contract must have at least one owner for it to be validated. You must select at least one internal contact as an owner before the contract can pass validation.
Note: By default, the Contracts pane shows the contracts
for which you are the owner.
You can reassign contract ownership using the Assign Contract Owner option in the Contracts work area.