More info from the lunar land owner site:
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The UN Outer Space Treaty of 1967 stipulated that no government could own extraterrestrial property. However, it neglected to mention individuals and corporations. Therefore, under laws dating back from early US settlers, it is possible to stake a claim for land that has been surveyed and register it with the US Government Office of Claim Registries. In 1980, that is exactly what Dennis Hope did for land on the Moon as he established the Lunar Embassy to parcel and sell documented acres. The Lunar Embassy was obligated to inform the General Assembly of the United Nations, the US Government, and the Russian Government in writing of the claim and legal intent to sell extraterrestrial properties. These governing bodies had several years in which to contest the claim and they never did. This allowed Mr. Hope to take the next step and copyright his work with the US Copyright Registry Office and begin selling actual deeds for the land on the Moon. Probably the biggest support of Mr. Hope's claim has been in the form of actual Lunar land owners such as two former US presidents, NASA employees and many well known celebrities.
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If you look around the site, there is a lot of information.