Is this a template, and do I own the design?

It is not a template. We design and build a custom site around your work, rather than handing you a theme to fill in, so the design is made for you and no one else.

Owning it is a separate question. The subscription is a service, not a purchase: the design, templates, and code remain ours, and your site runs for as long as you subscribe. What is always yours is your content and your domain. See more in our Web Design terms.