Lunar Settlement Initiative (LSI)
PROVIDING A FRAMEWORK FOR
PRIVATE DEVELOPMENT OF THE MOON
Sales of property claims on Luna, Earth’s Moon, are conducted in accordance with the Lunar Settlement Initiative (“LSI”).
Under the terms of the LSI, property claims on Luna may be offered to private entities in order to finance the exploration, settlement and development of the Moon and its resources. Through this program, not less than 95% of the sale proceeds per acre of property shall be deposited in an escrow account that shall be controlled by an independently elected Board of Governors.
The Board of Governors, acting on behalf of the property claimants, shall be solely responsible for distributing and investing the funds in a manner that shall successfully accomplish the goal of returning humans to Luna.
The LSI states that for a land claim to be granted legal recognition and certification, a human-based settlement must be established and permanently and continuously inhabited on Luna. The location and population of the settlement may change, as long as there continues to be an inhabited settlement within the claim. This settlement may include, but is not limited to, temporary shelters and structures; mobile or moveable vehicles or assemblies; permanent facilities for research, mining, construction or human habitation; tourist accommodations; and/or strategic emplacements.
Upon the recognition and certification of land claims, property owners shall be entitled to inhabit and develop their property in any manner, subject to any laws or statutes that may be established by the sovereign and independent government of Luna, which shall be freely elected by its citizens.
Property ownership on the Moon shall be held as fee simple, with mineral rights extending to a plumb depth of five kilometers below the height of average terrain (“BHAT”), to be determined by in situ engineering surveys.
Provisions shall be made for the respectful conservation and preservation of Luna’s distinctive geographic features — especially major craters, mountains and other unique formations — as well as the historic landing sites of earlier visitors from the Luna, Ranger, Surveyor and Apollo missions, as the legacy of all humankind.