Selling Land On The Moon?

Lunar Embassy to China, a company which sold land on the moon for 298 Yuan (about 39 U.S. dollars) per acre was shut down and fined by the Chinese government in 2005, after selling 49 acres of moon land. They sued and the court ruled against them, and recently their appeal to the Beijing intermediate court was rejected, on the grounds that no one on earth can claim ownership of any part of the moon.
It may only be a matter of time before man is able to create inhabitable conditions on the moon, and people will inevitably want to purchase land there. Companies like Lunar Embassy to China may soon see legal status and a rise in numbers.
Through Physorg
March 20 2007 07:01 pm | Science