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Do I own my Squarespace website?

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To further clarify from the Terms of Service: http://squarespace.com/terms-of-service/

  1. What You Provide to Us

You are legally responsible for all information, data, text, software, music, sound, photographs, graphics, video, messages or other materials uploaded, posted or stored in connection with your use of the Services (“Content”). Squarespace is not responsible for your Content. You hereby grant Squarespace a worldwide, royalty-free, non-exclusive license to host and use the Content in order to provide you with the Services and hereby represent and warrant that you have all the rights necessary to grant us such license. You are responsible for any Content that may be lost or unrecoverable through your use of the Services. You are encouraged to archive your Content regularly and frequently.

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You will definitely continue to own your domain. In fact if you decide to leave squarespace you can take your domain with you.

The content on your site you can export to an .xml file, so you'll lose a lot of the script-driven features and css, but you will at least retain a copy of your core content. The templates are squarespace's products, so it would be a bit odd if you could just steal their styling and take it with you.

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