diff --git a/examples/gno.land/p/demo/ownable/errors.gno b/examples/gno.land/p/demo/ownable/errors.gno
new file mode 100644
index 00000000000..ffbf6ab3f6f
--- /dev/null
+++ b/examples/gno.land/p/demo/ownable/errors.gno
@@ -0,0 +1,8 @@
+package ownable
+
+import "errors"
+
+var (
+	ErrUnauthorized   = errors.New("unauthorized; caller is not owner")
+	ErrInvalidAddress = errors.New("new owner address is invalid")
+)
diff --git a/examples/gno.land/p/demo/ownable/gno.mod b/examples/gno.land/p/demo/ownable/gno.mod
new file mode 100644
index 00000000000..9a9abb1e661
--- /dev/null
+++ b/examples/gno.land/p/demo/ownable/gno.mod
@@ -0,0 +1 @@
+module gno.land/p/demo/ownable
diff --git a/examples/gno.land/p/demo/ownable/ownable.gno b/examples/gno.land/p/demo/ownable/ownable.gno
new file mode 100644
index 00000000000..7f2eac008e1
--- /dev/null
+++ b/examples/gno.land/p/demo/ownable/ownable.gno
@@ -0,0 +1,57 @@
+package ownable
+
+import (
+	"std"
+)
+
+// Ownable is meant to be used as a top-level object to make your contract ownable OR
+// being embedded in a Gno object to manage per-object ownership.
+type Ownable struct {
+	owner std.Address
+}
+
+func New() *Ownable {
+	return &Ownable{
+		owner: std.GetOrigCaller(),
+	}
+}
+
+// TransferOwnership transfers ownership of the Ownable struct to a new address
+func (o *Ownable) TransferOwnership(newOwner std.Address) error {
+	err := o.CallerIsOwner()
+	if err != nil {
+		return err
+	}
+
+	if !newOwner.IsValid() {
+		return ErrInvalidAddress
+	}
+
+	o.owner = newOwner
+	return nil
+}
+
+// DropOwnership removes the owner, effectively disabling any owner-related actions
+// Top-level usage: disables all only-owner actions/functions,
+// Embedded usage: behaves like a burn functionality, removing the owner from the struct
+func (o *Ownable) DropOwnership() error {
+	err := o.CallerIsOwner()
+	if err != nil {
+		return err
+	}
+
+	o.owner = ""
+	return nil
+}
+
+// CallerIsOwner checks if the caller of the function is the Realm's owner
+func (o *Ownable) CallerIsOwner() error {
+	if std.GetOrigCaller() == o.owner {
+		return nil
+	}
+	return ErrUnauthorized
+}
+
+func (o *Ownable) Owner() std.Address {
+	return o.owner
+}
diff --git a/examples/gno.land/p/demo/ownable/ownable_test.gno b/examples/gno.land/p/demo/ownable/ownable_test.gno
new file mode 100644
index 00000000000..f725795fd47
--- /dev/null
+++ b/examples/gno.land/p/demo/ownable/ownable_test.gno
@@ -0,0 +1,113 @@
+package ownable
+
+import (
+	"std"
+	"testing"
+)
+
+var (
+	firstCaller  = std.Address("g1l9aypkr8xfvs82zeux486ddzec88ty69lue9de")
+	secondCaller = std.Address("g127jydsh6cms3lrtdenydxsckh23a8d6emqcvfa")
+)
+
+func TestNew(t *testing.T) {
+	std.TestSetOrigCaller(firstCaller)
+
+	result := New()
+	if firstCaller != result.owner {
+		t.Fatalf("Expected %s, got: %s\n", firstCaller, result.owner)
+	}
+}
+
+func TestOwner(t *testing.T) {
+	std.TestSetOrigCaller(firstCaller)
+
+	result := New()
+	resultOwner := result.Owner()
+
+	expected := firstCaller
+	if resultOwner != expected {
+		t.Fatalf("Expected %s, got: %s\n", expected, result)
+	}
+}
+
+func TestTransferOwnership(t *testing.T) {
+	std.TestSetOrigCaller(firstCaller)
+	o := New()
+
+	err := o.TransferOwnership(secondCaller)
+	if err != nil {
+		t.Fatalf("TransferOwnership failed, %v", err)
+	}
+
+	result := o.Owner()
+	if secondCaller != result {
+		t.Fatalf("Expected: %s, got: %s\n", secondCaller, result)
+	}
+}
+
+func TestCallerIsOwner(t *testing.T) {
+	std.TestSetOrigCaller(firstCaller)
+
+	o := New()
+	unauthorizedCaller := secondCaller
+
+	std.TestSetOrigCaller(unauthorizedCaller)
+
+	err := o.CallerIsOwner()
+	if err == nil {
+		t.Fatalf("Expected %s to not be owner\n", unauthorizedCaller)
+	}
+}
+
+func TestDropOwnership(t *testing.T) {
+	std.TestSetOrigCaller(firstCaller)
+
+	o := New()
+
+	err := o.DropOwnership()
+	if err != nil {
+		t.Fatalf("DropOwnership failed, %v", err)
+	}
+
+	owner := o.Owner()
+	if owner != "" {
+		t.Fatalf("Expected owner to be empty, not %s\n", owner)
+	}
+}
+
+// Errors
+
+func TestErrUnauthorized(t *testing.T) {
+	std.TestSetOrigCaller(firstCaller)
+
+	o := New()
+
+	std.TestSetOrigCaller(secondCaller)
+
+	err := o.TransferOwnership(firstCaller)
+	if err != ErrUnauthorized {
+		t.Fatalf("Should've been ErrUnauthorized, was %v", err)
+	}
+
+	err = o.DropOwnership()
+	if err != ErrUnauthorized {
+		t.Fatalf("Should've been ErrUnauthorized, was %v", err)
+	}
+}
+
+func TestErrInvalidAddress(t *testing.T) {
+	std.TestSetOrigCaller(firstCaller)
+
+	o := New()
+
+	err := o.TransferOwnership("")
+	if err != ErrInvalidAddress {
+		t.Fatalf("Should've been ErrInvalidAddress, was %v", err)
+	}
+
+	err = o.TransferOwnership("10000000001000000000100000000010000000001000000000")
+	if err != ErrInvalidAddress {
+		t.Fatalf("Should've been ErrInvalidAddress, was %v", err)
+	}
+}