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(visit the link for the full news article)
Own One Acre of Land on the Moon
One Acre of Land on the Moon
1 acre on the Moon - $29.99. It is true. You can purchase acres of land on the Moon. 100% legal and real! Moon property is: a great gift, potential prudent investment and an interesting conversation piece. Three different gift packages.
Originally posted by ChilledVoodoo
They probably are selling you land from the darkside of the moon, not bad unless you plan on running a flashlight store up there. Do you have to pay taxes on this land? Can you take out a loan against this land? Will any body take you seriously about this?
Originally posted by joshs
I was unaware this was possible, dont you have to own something before you can sell it. How is this possible, is it a scam, or is this actually a legit deal. You could eventually make millions from this, if and when we colonize the moon. Would someone exxplain to me how this works or if it really does.
(visit the link for the full news article)
A loophole in Space Law allows individuals and companies to hold Mineral Rights on the Moon, Mars and other celestial bodies. Growing concern from Scientists that these rights may be held hostage have been alleviated by a three man North American team; Dr. Joseph Resnick, Dr. Timothy R. O'Neill and Guy Cramer (ROC-Resnick/O'Neill/Cramer team) who have acquired the mineral rights for 95% of the side of the moon that faces Earth, the polar regions and 50% of the far side of the moon.
Dr. Resnick (former NASA scientist and current consultant to NASA) states "Space law does not allow countries to have land ownership on planets and moons in the solar system but it does allow for the Mineral Rights to be obtained by individuals and companies." The countries party to the Space Treat Act have agreed that none of them has neither jurisdiction nor ownership of any extraterrestrial body, nor samples.” Dr. Resnick found the loophole in Space Law 25 years ago that allowed him ownership of all planetary bodies outside the "Third Planet from the Sun"... submitted this to the World Court at the Hague, and to the United Nations in New York City. In 25+ years no one has ever disputed Dr. Resnick’s claimed ownership.