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Showing content from https://support.google.com/drive/answer/2494892 below:

Make someone else the owner of your file - Computer

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You own the files you create or upload on Google Drive. You can transfer ownership of the files and folders you own to another account.

• You can only transfer ownership to someone you shared the file or folder with. Learn how to share files from Google Drive.
• When you make someone else the owner of a folder, you still own the files inside. Learn how to share folders in Google Drive.
• If you transfer ownership of a lot of files and folders at once, it may take some time for you to see the changes.
• To transfer all your Google Drive files and folders to another account, you can download your Google data.

If you use your Google Account for work or school:

• You can only transfer ownership of files and folders to someone in your organization.
• The transfer doesn’t require the new owner to accept.

When you send an ownership transfer request:

• The pending owner is notified by email that if they accept the transfer request, they become the file owner. Until then, you remain the owner.
• The pending owner is upgraded to an Editor, unless they’re already an Editor.
• If the pending owner accepts, you’re downgraded to Editor. The new owner can remove you.
• If the pending owner declines, you remain the owner.

Important: You can transfer ownership of a file to someone you previously shared the file with. Learn more about sharing files from Google Drive.

To transfer file ownership in Google Docs, Sheets, Slides, or Vids:

1. On your computer, open Google Drive.
2. Open a Google Docs, Sheets, Slides, or Vids file.
3. At the upper right corner, click Share.
4. Next to the recipients name, click the Down arrow Transfer ownership.

Important You can't cancel a transfer after the new owner accepts the request.

To cancel file ownership transfer in Google Docs, Sheets, Slides, or Vids:

1. On your computer, open a file.
2. At the upper right corner, click Share.
3. Next to the recipients name, click the Down arrow Cancel ownership transfer.

Important:

• You remain the file owner until the pending owner accepts your request. After the transfer, you can edit the file until your permissions change.
• You can’t transfer a file from your personal Google account to someone with a work or school account.
• If you send an ownership transfer request to a personal account and that account becomes a work or school account, the pending owner can’t accept the request.
• If you send an ownership transfer request and your personal account becomes a work or school account, the pending owner can’t accept the request.
• You can cancel the request.
• The pending owner can decline the request.
• When you transfer ownership of a file, it's no longer in My Drive and doesn't count towards your storage. It'll count towards the storage of the new owner.

• Share files from Google Drive
• Stop, limit or change sharing
• Share folders in Google Drive
• Find files shared with you in Drive

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