Why do Companies Sell Land on the Moon?
Companies sell Moon Land because it is marketed as a one-of-a-kind gift, novelty, or nostalgic product. The 1967 Outer Space Treaty prohibits countries from claiming ownership of the Moon. But I found some sellers argue it does not specifically mention individuals. However, this does not grant buyers legal ownership. The industry is also successful because firms do not buy lunar land. Instead, they mostly spend on certifications, private records, and digital products.What are You Paying for When You Buy Moon Land?
You can find the following things in a symbolic lunar-land package:- Plot map: This indicates the location of a symbolic lunar parcel.
- Private registry entry: The details of the seller may be recorded in its database.
- Personalised certificate: It displays the owner's name and the corresponding Moon plot ownership.
- Decorative deed: This refers to a document designed to resemble a property deed, typically for promotional purposes.
- Novelty value: You get to have the pleasure of flaunting owning Moon land.
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I was surprised when I read the news that Sushant Singh Rajput owns land on the Moon. I also wanted to know how to buy land on Moon? Is it possible? Is it legal? Well, I did thorough research and this is what I found out:
Can We Buy Land on Moon?In 1967, three countries, the UK, the USA, and the Soviet Union came up with an international treaty, known as the Outer Space Treaty. According to this Outer Space Treaty, it is not considered to be legal to sell lunar land to anyone. There were 109 countries, including India, that signed the Outer Space Treaty.
According to this Treaty, outer space isn’t subject to national appropriation by means of occupation or use, by claim of sovereignty, or by any other means. This prevents every member country from using outer space in any business activity.
You must have heard of the Lunar Land Registry website that allegedly sells a piece of Lunar land. Let me tell you that nobody can buy a piece of lunar land and call it their own. This means Lunar Land Registry and purchasing land for private ownership of the moon is illegal and impossible. So how we can buy land on Moon, the answer is we can’t.
This is all on how to buy plot on moon.
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I hope you find this answer on how to buy plot on moon helpful.
How to buy plot on moon?
Bhavya
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2021-12-09T14:52:45+00:00 2026-08-20T11:10:20+00:00Comment
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