Howey kept half of the groves for its own use and sold real estate contracts for the other half to finance its future developments. Howey would sell the land for a uniform price per acre (or per fraction of an acre for smaller parcels) and convey to the purchaser a warranty deed upon payment in full of the purchase price.
Howey retained half of the groves for its own use and sold real estate contracts for the other half to finance future developments. Howey would sell the land at a uniform price per acre (or fraction of an acre for smaller parcels) and issue a warranty deed upon full payment of the purchase price.