If you register a domain with Web Hosting Hub, that domain is technically owned by you, and registration services are provided by Web Hosting Hub.
At anytime during your domain registration period, you can unlock your domain and retrieve the authorization code to transfer your domain to any other domain Registrar of your choice. This is where the part of you technically owning the domain comes into play. So long as you pay your domain renewal fees to a domain Registrar that is currently providing registration services for your domain name, you can transfer it to another Registrar, or point the domain name to any hosting provider you'd like.
I hope that answered your question clearly, please let us know if you had any other questions at all.
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