diff --git a/lib/concepts/ownership_transfer/accept.rb b/lib/concepts/ownership_transfer/accept.rb
index 185ed2255..254fbf483 100644
--- a/lib/concepts/ownership_transfer/accept.rb
+++ b/lib/concepts/ownership_transfer/accept.rb
@@ -9,7 +9,7 @@ def call(ownership_transfer:)
         OwnershipTransfer.transaction do
           demote_previous_owners(school, ownership_transfer.nominated_user_id)
           promote_nominee(school, ownership_transfer.nominated_user_id)
-          ownership_transfer.update!(status: :completed)
+          ownership_transfer.update!(status: :completed, accepted_at: Time.current)
         end
       end
 
diff --git a/spec/concepts/ownership_transfer/accept_spec.rb b/spec/concepts/ownership_transfer/accept_spec.rb
index 2361bd98d..32a8befa9 100644
--- a/spec/concepts/ownership_transfer/accept_spec.rb
+++ b/spec/concepts/ownership_transfer/accept_spec.rb
@@ -3,6 +3,8 @@
 require 'rails_helper'
 
 RSpec.describe OwnershipTransfer::Accept, type: :unit do
+  include ActiveSupport::Testing::TimeHelpers
+
   let(:school) { create(:verified_school) }
   let(:owner) { create(:owner, school:) }
   let(:nominee) { create(:teacher, school:) }
@@ -23,6 +25,14 @@
     expect(ownership_transfer.reload.status).to eq('completed')
   end
 
+  it 'sets the accepted_at timestamp on the acceptance' do
+    freeze_time do
+      described_class.call(ownership_transfer:)
+
+      expect(ownership_transfer.reload.accepted_at).to eq(Time.current)
+    end
+  end
+
   it 'gives the nominee the owner role' do
     described_class.call(ownership_transfer:)