Buy Land on the Moon

Can you buy land on the moon? According to this website you can. It's the home on the internet of the Lunar Embassy, which claims that it is "the only company in the world to possess a legal basis and copyright for the sale of lunar, and other extraterrestrial property within the confines of our solar system." And if you believe that, then I've got a bridge to sell you. Their basis for this claim is that the UN Outer Space Treaty of 1967 forbid governments from owning extraterrestrial property, but it didn't mention anything about individuals or corporations! Ah Ha! Sounds like a clever loophole. Unfortunately this argument doesn't hold water, because individuals and corporations can themselves only claim ownership of land through governments. There's a good article debunking the Buy-Land-On-The-Moon Scheme over at CNN, explaining that it's the creation of con artist/entrepreneur named Dennis Hope. The British National Space Centre also denies it's possible to own land on the moon. And Space.com has a good article about this scam as well. What it all comes down to is that for the $30 bucks you'd pay to buy a plot of land on the moon, you'll gain ownership of a piece of paper, and nothing more.

Business/Finance Places

Posted on Fri Aug 08, 2003



Comments

I just bought 1 acre of land on the moon from the lunar embassy website. I received a nice looking deed with my name printed on it. I framed it and hung it on the wall in my office. It not important to me if it is legal deed or not. After all nobody is going to be building condos on the moon anytime soon. However it is a cool conversation piece.
Posted by John  on  Wed May 08, 2013  at  04:17 AM
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