Is the least limited interest and most complete and
absolute ownership in land. The interests most commonly acquired in the Office of Conservation Investment administered award programs are fee title, easement and leasehold.
Fee with exception to title or less than full fee is
an ownership interest in land that excludes one or more interests in real
property. Some examples are: a parcel with a power-line easement through it a
parcel where one entity owns all interests except the mineral rights, or a
parcel subject to a conservation easement.