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Property lines usually do not extend into water, and ownership of the land beneath water depends on the type of water body and local regulations. For lakes and oceans, property typically ends at the water’s edge, often defined by the mean low-water mark, while the submerged land is usually state-owned. For rivers forming boundaries, lines may extend to the river’s center.

Property maintenance is the process of keeping a property safe, clean, and functional through ongoing repairs, upkeep, and care. This includes routine tasks like cleaning and landscaping, as well as more complex activities such as repairing building systems, pest control, and safety checks. The goal is to preserve the property's value and ensure it is a comfortable and habitable space for occupants.

Property management companies in the U.S. charge several fees for their services. Typical costs include a monthly management fee of 5–15% of rent, a leasing fee of 50–100% of one month’s rent, and extra charges for evictions, maintenance, or contract setup. Total fees vary based on property location, type, size, and the services included in the management agreement.

Property management companies in the U.S. typically take 8–12% of the monthly rent, though some use a flat fee per unit—usually $80–$160 for single-family houses. Many also charge extra: tenant placement fees (50–100% of one month’s rent), lease renewals ($100–$400), and maintenance markups of around 5–10%.

Property management companies typically charge a monthly management fee of 8% to 12% of the monthly rent collected, but this can vary by location and property type. They may also charge additional fees for services like tenant placement (often 25-75% of the first month's rent), leasing, lease renewals, annual inspections, and maintenance. Some companies offer a flat monthly fee instead, which can range from about $100 to $200 per unit, depending on the market.