Can I legally buy land on the Moon?
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Can I legally buy land on the Moon?
“…is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.” In other words no country can claim ownership of the Moon.
How much does a land in Moon cost?
According to one online lunar real estate agency, http://www.lunarregistry.com/, the Sea of Tranquility is the most sought-after address on the moon. 1 acre (approximately 43,560 sq ft, or 4,047 sq mtrs) costs US $37.50 (Rs 1758.75) and the actor owns several acres there.
How much is moon worth?
Given a lunar surface area of 9.37 billion acres, and assuming a profit of $21.50 per acre, we’re looking at just over $200 billion in value.
Who buys land on moon?
Darbhanga’s Iftekar Rahmani, a software developer by profession, has become the proud owner of one acre of land on the moon, reported Jagran.
Who is the owner of Moon planet?
The Outer Space Treaty means therefore that – no matter whose national flags are planted on the lunar surface – no nation can ‘own’ the Moon.
Can you really ‘own’ land on the Moon?
However, with no way to claim that land, anyone attempting to sell land to prospective buyers is basically selling snake oil. Any documentation that claims you own land on the Moon is unenforceable, and no nation on the planet that has signed either the Outer Space Treaty or the Moon Treaty will recognize it.
Can you legally own a piece of the Moon?
For now at least, the moon is like the sea: everyone can use it, but no one can own it. In 1967 the U.S. and the Soviet Union negotiated the Outer Space Treaty, which states that no nation can own a piece of the moon or an asteroid.
Can you buy a piece of the Moon?
It also explicitly states that no individual can purchase a piece of lunar land and call it his or her own. This means Lunar Land Registry and buying land for private ownership of the moon is impossible and illegal, as per the Outer Space Treaty of several nations.
How many acres of land are on the Moon?
The Moon’s mean radius is 1080 miles so its surface area is 14,657,415 square miles. One acre = .001562 square miles, so the lunar surface has approximately 9,383,748,198 acres.