diff --git a/examples/gno.land/p/demo/ownable/ownable.gno b/examples/gno.land/p/demo/ownable/ownable.gno
index 55c85cfa73d..5a5f624bc95 100644
--- a/examples/gno.land/p/demo/ownable/ownable.gno
+++ b/examples/gno.land/p/demo/ownable/ownable.gno
@@ -13,7 +13,7 @@ type Ownable struct {
 
 func New() *Ownable {
 	return &Ownable{
-		owner: std.CurrentRealm().Address(),
+		owner: std.PreviousRealm().Address(),
 	}
 }
 
diff --git a/examples/gno.land/p/demo/ownable/ownable_test.gno b/examples/gno.land/p/demo/ownable/ownable_test.gno
index f37ae4f41fd..e1d7dc1b8e9 100644
--- a/examples/gno.land/p/demo/ownable/ownable_test.gno
+++ b/examples/gno.land/p/demo/ownable/ownable_test.gno
@@ -15,6 +15,7 @@ var (
 )
 
 func TestNew(t *testing.T) {
+	testing.SetRealm(std.NewCodeRealm("gno.land/r/test/test"))
 	testing.SetOriginCaller(alice)
 
 	o := New()
@@ -30,6 +31,7 @@ func TestNewWithAddress(t *testing.T) {
 }
 
 func TestTransferOwnership(t *testing.T) {
+	testing.SetRealm(std.NewCodeRealm("gno.land/r/test/test"))
 	testing.SetOriginCaller(alice)
 
 	o := New()
@@ -68,6 +70,7 @@ func TestDropOwnership(t *testing.T) {
 // Errors
 
 func TestErrUnauthorized(t *testing.T) {
+	testing.SetRealm(std.NewCodeRealm("gno.land/r/test/test"))
 	testing.SetOriginCaller(alice)
 
 	o := New()
@@ -79,6 +82,7 @@ func TestErrUnauthorized(t *testing.T) {
 }
 
 func TestErrInvalidAddress(t *testing.T) {
+	testing.SetRealm(std.NewCodeRealm("gno.land/r/test/test"))
 	testing.SetOriginCaller(alice)
 
 	o := New()