Based on and updates:
http://www.geocities.com/allianceforprogress/encyclopedia/places/wrldrtng.html#A_Class


World leasehold ratings

There are about 500 * 10^9 stars in the five galaxies.  Among all these stars, 
only 2_810_000 planets naturally support life sufficiently complex that the 
planet is suitable for colonization.  Fortunately, many planets have been 
terraformed over the ages and 16_900_000 are class B or C grade planets.  A 
planet is normally only leased about 1/8 of the time.  Most of a planet's 
life-span is spend in GIM enforced fallow.  At any given time, 2_110_000 
planets are leased from the Galactic Institute of Migration on class B, C, or 
Homeworld terms.  

Thus, the average O-2 citizen race has 10.6 planets on B, C, or Homeworld 
lease.  A typical race might have 3 class B leaseholds, 5 class C leases, 1 
class C leases of garden world quality, and a Homeworld. Races vary greatly 
in the degree that they use A-minus and A class leases.  


"A-minus" worlds:

Any habitation on a planetary body should be leased from the GIM.  Of course, 
most planets are not suitable for terraforming, let alone for immediate 
colonization.  Leasing desert worlds, like Mars, greenhouse world, like 
Venus, iceball, rockball, and scorchball worlds is a formality.  The only 
exception are when occupation of a desolate world might impinge on H-2 areas 
or, more rarely, encroach on a Machine Reserve Area.  Triton like worlds are 
unusual because they are difficult to lease.


"A" worlds: 


Planets largely devoid of life and requiring terraforming, but consequently 
free of most Institute of Tradition and Migration restrictions.  In addition, 
A Class Leases are durable and negotiable.  A race that successfully 
terraforms an A Class World can keep the world as long as it likes or 
transfer it to another race on Class C terms.   

Mars would not qualify as an "A" class world.  It is too hostile to life and 
too difficult to terraform. 



"B" worlds: 

In O-2 space the standard remediation lease is called a Class-'B' leasehold 
and is issued for 50 KY.  It is renewable.  Progress in actively monitored by 
the GIM.  Examples include Deemi and Garth.  The GIM has trouble finding 
takers for B Class Leases.  They are seen as involving a lot of risk and 
liability with relatively little prospect for reward.  If bio-remediation 
fails the tenant might be subject to fines or other discipline.  If it works, 
the GIM will probably let the leasehold end and return the planet to fallow 
status.  Powerful races often try to persuade the GIM to issues leases to B 
grade worlds with either a Class A or Class C lease.  Ready willingness to 
take on Class B leases in good faith is a sign of good citizenship.

About 1/3 of all grade B and C planets are grade B.
 


"C" worlds: 

Residence on Class C colony worlds is limited to no longer than 300 million 
years.  This is the standard habitation permit issued by the G.I.M. for most 
O-2 planets with mature, stable biospheres.  Unlike Class B leaseholds, Class 
C leaseholds are in short supply.
 
 


Garden worlds: 


A semi-official classification designating particularly desirable Class "C" 
worlds.  About 1/3 of all Class C worlds can be regarded as garden worlds.  
Garden worlds are in extremely short supply.  Calafia and Earth are garden 
worlds, although most races would regard Calafia as having a shortage of dry 
land.
  


Home worlds:


Each species may designate a home world.  Home world leaseholds last for the 
duration of a race's Main Sequence existence.  Earth and Tymbrim are Home 
worlds. 


Class T lease:

Occasionally a race fails to evacuate a leased world on time.  In these cases 
the GIM often issues a "transition" lease.  These leases last for 4,000 to 
10,000 years.  At the end of the lease the tenant is expected to have 
completely vacated the leased world.  Because of irregularities stemming from 
pre-Contact colonization Humans have Class T leases on Atlast, Horst, and 
NuDawn.  Deemi was originally leased as a Class T colony, but the lease was 
changed to Class B.


---

Post-script:

With the loss of Galaxy 4, the GIM now has jurisdiction over only 13_500_000 
grade B and C worlds.  No changes will be made to existing leases, but in the 
future fewer class C leases will be available.
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