Published 22:01 IST, June 17th 2020
Can you buy land on Moon? Details on legalities and possibilities here
Can you buy land on Moon? After the news that Sushant Singh Rajput owns land on the Moon, many people are wanting to buy some themselves. But, can you? Read.
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sudden demise of Sushant Singh Rajput has left country speechless. As many stories unfold, Sushant was a natural genius whose expertise t only relied on his entertainment career but he was supremely intelligent with kwledge about Quantum Physics, Stoicism, astrology, and more. recent news revealed that actor owns land on Moon which has led to a boom in searches related to how to buy land on Moon and if a person can buy land on Moon. However, question still remains, can you buy land on Moon? Is it possible? Is it legal? We have summarized everything about it here.
Can you buy land on Moon?
As many people are thinking about owning a piece of land on Moon, it is a matter of concern because it is considered to be illegal to sell lunar land to anyone. It was in 1967, when three big countries, Soviet Union, United States, and United Kingdom came up with an international treaty, called Outer Treaty, which is supposed to be followed and upheld by all nations. re were 109 or countries, including India who signed treaty.
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Source ~ Shutterstock
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As per Treaty, "outer is t subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any or means". This prevents all member countries from using outer in any business activities. However, re are people, including Sushant Singh Rajput who reportedly bought a piece of lunar land. Sushant's land on moon is called Mare Muscoviense or ‘Sea of Muscovy’. re is a Lunar Land Registry portal that allegedly assures people to sell m a piece of Lunar land.
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For all people who say that y own a part of Lunar land are claiming property in compliance with Title IV of Resource Exploration and Utilization Act of 2015, Section 402 in USA, which states: "A U.S. citizen engd in commercial recovery of an asteroid resource or a resource shall be entitled to any asteroid resource or resource obtained, including to possess, own, transport, use, and sell it according to applicable law, including U.S. international obligations". n-U.S. citizens may possess Lunar property and resources by contracting a proxy (nt) with U.S. citizenship or commercial rights. However, as per several reports, this bill was never passed in US parliament.
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Neverless, for question of "Can you buy land on Moon?" is , as International treaty essentially states that all forms of outer exploration (which includes lunar exploration) would be for benefit of all mankind. It also explicitly states that 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 moon is impossible and illegal, as per Outer Treaty of several nations. But, re are still ncies like Lunar Registry who are allegedly selling celestial land and we kw a few Indians like Rajeev V Bagdhi and Sushant Singh Rajput who have bought lunar land from such portals.
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22:01 IST, June 17th 2020