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:
“No ... the real American has not yet arrived. He is only in the Crucible, I tell youhe will be the fusion of all races, perhaps the coming superman.”
—Israel Zangwill (18641926)
“The difference between de jure and de facto segregation is the difference open, forthright bigotry and the shamefaced kind that works through unwritten agreements between real estate dealers, school officials, and local politicians.”
—Shirley Chisholm (b. 1924)