Changing the licensed owner's name in your computer

Let's say you inherit a computer from someone else and it has their name and/or organization listed as the licensed owner in Windows and now, it's yours, so you want to change this. Navigate your way to

HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\ Windows\ Current Version.

(navigate by doubleclicking each of these.) In the right pane, you'll see RegisteredOrganization and RegisteredOwner in the Name column. Right-click the one you want to change, select Modify, and on the Value Data line of the resulting dialog box, type the correct information. Click OK, repeat these steps for the other value, if desired, and close the Registry Editor.