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 estate, real and/or estate:
“It is not quite safe to send out a venture in this kind, unless yourself go supercargo. Where a man goes, there he is; but the slightest virtue is immovable,—it is real estate, not personal; who would keep it, must consent to be bought and sold with it.”
—Henry David Thoreau (1817–1862)
“When truth is nothing but the truth, it’s unnatural, it’s an abstraction that resembles nothing in the real world. In nature there are always so many other irrelevant things mixed up with the essential truth. That’s why art moves you—precisely because it’s unadulterated with all the irrelevancies of real life.”
—Aldous Huxley (1894–1963)
“Wilt thou have this Woman to thy wedded wife, to live together after God’s ordinance in the holy estate of Matrimony? Wilt thou love her, comfort her, honour, and keep her in sickness and in health; and, forsaking all other, keep thee only unto her, so long as ye both shall live?”
—Book Of Common Prayer, The. Solemnization of Matrimony, “Betrothal,” (1662)