Several people have begun to speculate about the possibility of building property on the moon. While this seems like a great idea, there are also a number of questions that need to be addressed. These include the legality of building a settlement Build property on moon, as well as whether or not Developing nations should receive a share of the resources found on the moon.
Documents that claim you own land on the moon are unenforceable
Those of a certain age have probably heard of the Interplanetary Development Corporation (IDC) and its ilk. While the corporation was not particularly well known for their moon grabbing efforts, the company did have some noteworthy achievements. They were the first company to sell parcels of the moon at a reasonable price, and the first to sell a map of a lunar crater. However, they were not the first to make a claim about the moon.
In fact, a company in Sunny Slope, Arizona was responsible for a flurry of activity that resulted in some very shady deals. The group claimed to have an ownership claim on a triangular chunk of the Moon’s Sea of Tranquility. They also threw in a free ride to Jupiter. One of their first customers was Neil Armstrong and Buzz Aldrin. They were soon after forced to close their lunar real estate operations due to high legal fees. Fortunately, their efforts were short lived. One of their skeptics was a group of kids who were obsessed with the history of the Moon. The group’s ad was a bit on the nose, but they were well equipped to take on the competition.
Aside from the legal wrangling that resulted in the aforementioned mess, the IDC’s moon-mapping campaign was not the only company to lay claim to the moon. Indeed, the same company’s spokesman was arrested for hawking a series of small scale moon hoaxes.
Legality of building a settlement on the moon
Several nations are planning to build outposts on the Moon over the next decades. These projects are not for settlement, but rather for exploration. But in the future, there may be a permanent human presence on the Moon.
The legality of building a settlement on the Moon is not clear. The Outer Space Treaty (OST) states that exploration and use of outer space are for the benefit of all people. This treaty was signed in 1967. It also prohibits testing weapons on the Moon and the use of space for any purpose other than scientific research. It declares that the Moon and other celestial bodies are the common heritage of mankind.
However, there are loopholes in the legal code that allow for the purchase of Lunar land. There are also private claims to the Moon based on the permanent settlement. These claims are recognized by the U.S. Courts.
Some space agencies are working with private companies to create a lunar base. Others are working on a tourist industry.
However, there is no state that has claimed ownership of the Moon. Space agencies could face serious legal challenges if they try to build settlements on the Moon.
Several countries have expressed serious concerns about the Artemis Accords, which are designed to establish guidelines for crewed exploration of the Moon. Countries including the United States, Australia, Japan, Canada, and the United Kingdom have signed the Accords. However, countries including Russia, Brazil, and South Africa are not involved. These countries are concerned that the US is attempting to control the international space community.