Can You Buy Real Estate On The Moon?

    Would you move to the Moon? It’s probably the cosmic world you’re most familiar with other than, you know, Earth – and where better to brag about having a holiday home? One thing − can you even buy real estate on the Moon?

    Buying real estate on the moon is impossible due to the lack of owners and a legal system that regulates such transactions, reports IFLScience.

    According to air and space law lecturer Michelle Hanlon, the current international outer space treaty requires free access to all regions of airless space and prohibits territorial claims within it.

    The document does not provide for the possibility of building and owning real estate on the Moon on a legal basis, and such issues require further study and development of legal norms.

    Some experts believe it is important to preserve the Moon as it is and make it open to the public for research and scientific purposes.