What does Take Ownership mean and how do owners get created in Quay?

We're running a local Quay registry at work that I've taken over. I only have access to the UI, not backend, so I don't know what version we are running.

I'm setting up Organizations and users and keep seeing this, can't find anything in the latest documentation.

What does Take Ownership mean? I get that if I Select Super User Admin Panel > select gear to the right of a user's name and see Take Ownership

Also if I'm viewing a repository > select Teams and Members, there is a owners team. Looks like this is created by default? Is there a way to create a consistent owners team across all repos, so as people leave, we don't loose control over a repo?