Whether you're a student interested in studying space or a business owner interested in expanding your portfolio, you've probably heard about building property on the moon. You've probably also heard about the Outer Space Treaty and the International lunar land registry. These are important issues because they may determine how we deal with the moon in the future.
Land on the Moon
Buying property on the moon is cool, but it's not the best way to spend your money. There are many loopholes in the law that allow for such a feat.
There is no reason to believe that the government isn't taking steps to license the rights to use the moon. For instance, there is an organization called the International Lunar Lands Registry. Its mission is to maintain a database of locations on the Moon where space related activities are carried out. In addition to a small selection of properties, the organization is a conduit between governments and their official representatives.
The International Lunar Lands Registry isn't alone. The same organization is also purporting to sell cheap lunar land.
In the world of space exploration, there are numerous companies hoping to Build property on moon over the next two decades. One company in particular, Bigelow Aerospace, is already lining up customers for the world's first privately owned commercial space station.
Outer Space Treaty
During the early 1950's, private companies began selling land on the moon. The idea behind these land deals was to help make space available for commercial exploration. The treaty, known as the Outer Space Treaty, was drafted to govern these explorations.
The treaty provides for the peaceful development of space. It allows the use of military personnel to support peaceful space uses. It also requires state parties to supervise activities in space. It also prohibits harmful contamination of celestial bodies.
Article XI requires states to inform the UN Secretary General of any station launched into space. Article XII states that states have the responsibility to inform the public of space activities. The treaty also requires states to supervise activities in space and to inform the scientific community.
Article VI states that state parties are responsible for the welfare of nationals in space. Article VII states that state parties shall take all necessary measures to prevent damage to celestial bodies from their activities.
International lunar land registry
Buying property on the Moon is an option that is being investigated by the public. There are a number of websites that claim to offer this service. A few have even claimed that it's legal. The truth is that buying lunar land isn't as easy as it seems. However, it's a very cool idea.
The International Lunar Lands Registry (ILLR) is an agency tasked with administering and allocating real property on the Moon. It is responsible for registering property ownership claims and issuing certificate records for land purchases. The ILLR publishes an annual report detailing property records. The publication is copyrighted and deposited with the United Nations and international patent offices.
The ILLR also administers the International Space Station (ISS) and manages the international space program. Aside from managing real estate on the Moon, the agency also assists with lunar exploration and the creation of an autonomous Lunar Republic.
A piece of lunar land that is claimed to be legal is called Mare Moscoviense (Sea of Muscovy). It is located at 27.3 degrees North Latitude and 147.9 degree East Longitude. It is one of the most ancient circular basins on the Satellite Object.