Extraterrestrial real estate is land on other planets or natural satellites or parts of space that is sold either through organisations or by individuals. Ownership of extraterrestrial real estate is not recognised by any authority. Nevertheless, some private individuals and organisations have claimed ownership of celestial bodies, such as the Moon, and are actively involved in "selling" parts of them through certificates of ownership termed "Lunar deeds", "Martian deeds" or similar. These "deeds" have no legal standing.
Read more about Extraterrestrial Real Estate: History, Legal Issues, Private Purchase Schemes, Ownership of Empty Space, Notable Claims
Famous quotes containing the words real and/or estate:
“Everything to which we concede existence is a posit from the standpoint of a description of the theory-building process, and simultaneously real from the standpoint of the theory that is being built. Nor let us look down on the standpoint of the theory as make-believe; for we can never do better than occupy the standpoint of some theory or other, the best we can muster at the time.”
—Willard Van Orman Quine (b. 1908)
“Not a flock of wild geese cackles over our town, but it to some extent unsettles the value of real estate here, and, if I were a broker, I should probably take that disturbance into account.”
—Henry David Thoreau (1817–1862)