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Do I have ownership of what I write on this website or does chooseyourstory.com take ownership after I post it?

EDIT: I just read about the perpetual license thing, never mind

Link to the writing thing please. I'd like to read up on it myself.

http://chooseyourstory.com/Help/TermsOfService.aspx

Thanks.

I can't remember what the reasoning was for the copyright thing, but for one thing I'm fairly sure no with a story could ever be banned without something like that.