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Extraterrestrial Real Estate for Sale
Posted by
Hemos
on Wed Oct 27, 1999 02:07 PM
from the i-want-mare-imbris dept.
from the i-want-mare-imbris dept.
Tom Mulcahy pointed us over to The Lunar Embassy. Yes, that's right. You can purchase real estate on the Moon, Io, Venus, Mars, and, apparently the Universe. Ah, the beauty of capitalism.
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Extraterrestrial Real Estate for Sale
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
Read the small print (Score:5)
Nobody owns the moon. Ownership is prohibited by a few treaties. Details of the legal aspects of owning the moon can be found off the Artemis Society homepage [asi.org], specifically in the Frequently Raised Objections [asi.org] section.
As an aside, TransOrbital Inc. [transorbital.net] is going to be taking pictures of the moon using a telescope in lunar orbit, so people will be able to have a picture of "their" plot if they choose.
Vik
Moon Ownership Law (Score:4)
Only problem with the Moon Treaty is that the United States and the other space-faring civilizations refused to sign it.
According to the The Artimis Project [asi.org]:
The Moon is a venue of "lex nullus"; that is, it is identical in legal status to the high seas, meaning that nobody can own it and everybody can go there.
Space Law blocks development of space (Score:3)
Well, I'm fundamentally dependent on Earth for resupply, and I'm quite vulnerable to attack. But there's a much more fundamental problem then that: Because the Outer Space Use treaty and related international law prevent any nation from making a territorial claim in space, private organizations are effectively blocked from going anywhere. We worry about this often over on sci.space.policy and everywhere in the space-advocacy community.
The gist is this: suppose I'm a company that sees some value in putting up a moonbase, or maybe I'm the Artemis Project. I need to put, let's say, $10 billion into accomplishing that. Unfortunately, I'm trying to build something that has no protections whatsoever under national or international law. How do I convince investors this is a good bet? How do I value off-planet property as a corporate asset in an IPO, when I can't even determine legally what my property is? How do I insure against accident? Insurers like to have a really specific notion of what they're getting into. If the Department of Defense decides they need my moonbase more than I do, am I protected by eminent domain laws, or not?
Remember, I'm not just the 6 guys up on the moon protecting their property rights by lobbing rocks at the Capitol building; I'm also the enormous organization back on the ground that got them there. Lack of law makes my life very, very difficult back on Earth.
The folks down at SpaceDev (http://www.spacedev.com) are running a private research mission to an asteroid, and their chances of making it look pretty good right now. If they do, Jim Benson (their CEO) has said he expects to lay claim to it as property. Moved to Earth, its mineral value is probably in the tens of trillions of dollars. Should he get to keep it? We obviously need a system where entrepeneurs get to keep the fruits of their labor, or no one will ever bother with space- as most people aren't bothering now, in the absence of that system. But we don't want people making enormous claims based on minor accomplishments, either, and at some point any large development in space is going to be more than just property; it'll be a nation, or at least a city, too. How do we structure law to enable this, and can we get any new treaty past China's veto anyway? I'd love to hear some new geek ideas.
Straight from the Lunar FAQ. (Score:3)
Do you believe in the Prime Directive?
Answer
We do. Really. It's more than just a silly rule, but more a philosophy to life. We feel, we all must learn to respect all life, no matter what it looks like or where it came from. Our team has several Star Trek fans, mainly TNG tho, so please don't ask them about what Kirk did in episode 27. Their favorite Trek episodes are The Inner Light (TNG), although the Borg ones as well as All Good Things, rank right up there amongst the top ever, surely. Ah. They don't make them like they used to. Please note, that in honour of Star Trek VIII:"First Contact", the next two Lunar Cities will be named "Tycho-City" and "New-Berlin" as mentioned in the film. Our message is: Live now, because now, will never come again.
What happened to "Live long and prosper"? Who's the star trek fan?
Joseph Elwell.
Re:International Agreement? (Score:4)
So, even if its not technically illegal to claim a piece of the Moon or Mars as your real estate in the US, the claim has no force outside the jurisdiction of the US, and the US is forbidden from extending it's sovereign territory into space. So it's pretty worthless having a claim on the Sea of Tranquility if your claim isn't actually valid there...
Re:Doesn't the US Own the Moon? (Score:3)
Under The Outer Space Treaty (short title), no country can stake claim on an extraterrestial body (including the Moon) -- says nothing about private organizations. The Moon Treaty (short title), which only a handful of countries have signed (none of the major space powers have signed it), is based on The Law of the Sea Convention and is more muddy regarding private ownership rights.
As to whether the U.S. could currently claim ownership, territorial waters traditionally had been defined by the range of the most advanced artillary of the time (weapons of the last few decades has made this absurd, which is why there is now an arbitrary distance used). Even if the U.S. claimed ownership of the Moon, it is currently in no position to defend that claim.
Christopher A. Bohn
Outer Space Treaty (Score:3)
The United States signed this treaty on the 27th of January, 1967 and deposited an instrument of ratification on the 10th of October, 1967 - making this treaty US law. As far as I can tell, all the countries with a reasonable chance of having a space programme have signed and ratified it, including China, which agreed to the treaty in 1983.
What does this treaty have to say about property on the moon?
Article I, para 2
Outer space, including the moon and other celestial bodies, shall be free for exploration and use by all States without discrimination of any kind, on a basis of equality and in accordance with international law, and there shall be free access to all areas of celestial bodies.
This means you can't keep anyone off of your lunar claim. You can't keep them from building or prospecting or from exercising any other right you have to some strip of land either. Under those conditions, what good does a deed do you?
Article II
Outer space, including the moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.
This means that no nation can claim exclusive jurisdiction over the moon or any part of it, and that makes it basically impossible to obtain a deed that other countries would consider binding.
Article VI
States Parties to the Treaty shall bear international responsibility for national activities in outer space, including the Moon and other celestial bodies, whether such activities are carried on by governmental agencies or by non-governmental entities, and for assuring that national activities are carried out in conformity with the provisions set forth in the present Treaty. The activities of non-governmental entities in outer space, including the Moon and other celestial bodies, shall require authorization and continuing supervision by the appropriate State Party to the Treaty. When activities are carried on in outer space, including the Moon and other celestial bodies, by an international organization, responsibility for compliance with this Treaty shall be borne both by the international organization and by the States Parties to the Treaty participating in such organization.
This means you can't claim the treaty doesn't apply to you because you aren't affiliated with a national government. Anything you do in space falls under the jurisdiciton of some country.
In short, a deed to the moon, an asteroid, or anything else in space is completely worthless so long as this treaty is in force.
What time zone? (Score:5)
There is a tendancy to use UTC in space applications; if people start dispersing to the moon, this provides some time delay issues in communications that would result in sync issues; heading further afield to Mars would be similarly disruptive to synchronization of activities.
It's possible that one might get meaningful information out of a GPS unit from the moon, albeit with extremely screwy coordinates as they'd be relative to the earth. (Mind you, it is probable that consumer units would shut down as you'd be moving more than 999mph relative to earth's surface...)
Determining time/location will provide opportunities for new fields in vCards and for a bunch of new RFCs. I thought there was one on this, but in querying the archives, I seem to be mistaken...
"Its all just little bits of history repeating" (Score:4)
Haven't we learned about dealing in land that isn't ours, lands that we can't even get to?
Re:International Agreement? (Score:3)
Contrary to the handwringing of most slashdotters, property rights in outer space is a good thing. People are not goingto invest the time and effort to get out there and build something useful on extraterrestrial bodies unless they think they can be sure they will reap the benefits.
Property rights are not a threat to space exploration. They are of utmost importance if mankind is to develop beyond the Earth. As nice as "sharing" sounds, it's not what drives progress. Mankind is driven forward by the expectation of material gain, and by the assurance that they will be free to dispose of the fruits of their labor.
Therefore, international treaties making outer space into a glorified national park should be repealed. As long as they are enforced, space exploration will be harmed.
Re:Moon Ownership Law (Score:3)
I have to wonder just how long all these treaties will hold up when travel to and colonization of the moon (or Mars, etc.) becomes non-trivial.
After all, nuclear test-ban treaties are broken all the time...
ebay (Score:3)
-Lx?
2001: a Real Estate Odyssey? (Score:4)
Seriously, though, what is the point of buying this real estate? Can anyone really expect these claims to hold up if and when we do get to space? And what if we just can't live there? Oh, well, I guess we'll just have to wait and see.
Btw, does anybody really want to live on Uranus? (Sorry, couldn't help myself?)
MS Mars, MS Moon... (Score:3)
Re:Doesn't the US Own the Moon? (Score:3)
Novelty value only (Score:5)
Bruce
Uh-huh, right. (Score:3)
Contrary to popular belief, ownership by individuals of extraterrestrial properties is not forbidden.
Well, ok, but it does not therefore follow that anyone will take any of these claims seriously.
The US government has several years to contest such a claim. They never did. Neither did the United Nations nor the Russian Government.
They've never contested my claim that I'm Napolean Bonapart, either.
Two former US President and several very prominent stars own their Lunar property already.
Did they actually *buy* claims, or were they gag gifts?
This is all pretty silly. If some really rich person -- let's call him D.D. Harriman -- went up and established a lunar colony, and some nut tried to take him to court because he did it on land "claimed" this way, it'd take a judge about 5 minutes to throw the case out. (Not counting the 15 minutes it'd take to stop laughing.)
"They laughed at Columbus, they laughed at Fulton, they laughed at the Wright brothers. But they also laughed at Bozo the Clown." - Carl Sagan