Purchasing land on the moon is a popular idea. However, the costs involved are very high and the legality is questionable. In order to protect yourself, you should understand the legalities of purchasing land on the moon.

Buying land on the moon

Buying land on the moon to Build property on moon is not as difficult as it may sound. Thanks to the internet, a number of companies are selling plots of real estate to the moon and beyond. These companies include the Moon Estates and the Lunar Registry.

The best part is that these companies provide a range of options to suit your budget and requirements. You can choose between a country-sized plot for around $250k, a speck of land for under $10k or a small plot for less than $100.

The lunar land tycoon has sold over 16 billion acres of lunar real estate to more than seven million people from 197 countries. These properties are priced in US dollars based on current exchange rates.

In order to get a piece of the moon, you will need to make sure you're not taking a gamble with your hard earned cash. There are many scams out there. One of the best ways to protect yourself is to understand your obligations, especially if you're using a mortgage lender.

Legality of a lunar outpost

Putting a man on the moon has long been a dream of mankind. The question now is what the legality of doing so is. While the first human mission to the Moon was achieved in 1969, the next one is not expected for at least twenty years.

There have been many proposals for colonizing the Moon and for creating a tourist industry. While this has not been accomplished yet, several nations are working to build outposts on the Moon, including China and Japan. The US plans to return astronauts to the Moon in the coming decades, and they rely on companies to make that happen.

One of the first companies to make money off of the moon is Lunar Outpost. The company is working to mine the moon, build a base on the Moon and send rovers to the Moon. In addition, it is creating technology to enable a sustainable presence in cislunar space. It has also announced a $12 million seed funding round led by the Explorer 1 Fund.

Cost of a lunar outpost

Several space agencies are planning manned missions to the Moon. The European Space Agency and Japan's Aerospace Exploration Agency have plans for crewed missions. China's National Space Administration has said that a crewed Moon base is an ultimate goal. It has not yet announced a timeline for such a mission.

NASA is planning a series of low-cost lunar precursor probes. These would be used to measure the feasibility of a lunar base. They include high-resolution imaging and sample return missions. The missions also include long-range autonomous surface rovers. The first missions would launch in the next five years.

NASA's preparation program included $2 billion in advanced technology development. This included development of new space suits, cryogenic propellant transfer in space, and general lunar resource processing. The program also included construction of a moonbase. The first three missions used expendable Lunar Excursion Vehicles. The LEVs were used for transportation of science equipment and power facilities. They were also reused.

Several countries are also planning manned missions to the Moon. These include India, Japan, China, and the United States. These countries plan to launch probes in the next five years.

Commercial space launch competitiveness act

Known as the SPACE Act, this bill encourages the private sector to invest in the commercial space industry. It also provides legal support for the industry. It includes updates to the space launch system and promotes commercial space launch activities.

The Commercial Space Launch Competitiveness Act was passed in 2015 and affirmed by President Trump in April. The Act updates US commercial space law, allowing American citizens to mine, transport, and collect resources from space, as well as sell them.

The bill also authorizes the government to indemnify commercial space companies up to about $3 billion in third-party damages. The government pays for the first $500 million of third-party damages. However, it is company responsibility for any damages above $3 billion. The Act also requires the government to report on its current activities, and on inter-agency discussions, and includes a report on a possible inclusion of government property in an indemnification regime.

The Act also directs the NASA Administrator to take actions to ensure that the ISS continues to be viable, and extends the ISS into 2024. It also extends the regulatory "learning period" until 2020.