Simple C++ Model
In most modules I saw, by default, it was assumed that receiving pointers was not receiving ownership. In fact, functions/methods abandoning ownership of a pointer were both very rare and explicitly expressed that fact in their documentation.
This model assumes that the user is owner only of what he/she explicitly allocates. Everything else is automatically disposed of (at scope exit, or through RAII). This is a C-like model, extended by the fact most pointers are owned by objects that will deallocate them automatically or when needed (at said objects destruction, mostly), and that the life duration of objects are predictable (RAII is your friend, again).
In this model, raw pointers are freely circulating and mostly not dangerous (but if the developer is smart enough, he/she will use references instead whenever possible).
- raw pointers
- std::auto_ptr
- boost::scoped_ptr
Smart Pointed C++ Model
In a code full of smart pointers, the user can hope to ignore the lifetime of objects. The owner is never the user code: It is the smart pointer itself (RAII, again). The problem is that circular references mixed with reference counted smart pointers can be deadly, so you have to deal both with both shared pointers and weak pointers. So you have still ownership to consider (the weak pointer could well point to nothing, even if its advantage over raw pointer is that it can tell you so).
- boost::shared_ptr
- boost::weak_ptr
Conclusion
No matter the models I describe, unless exception, receiving a pointer is not receiving its ownership and it is still very important to know who owns who. Even for C++ code heavily using references and/or smart pointers.