Lake O' the Pines has interest in two different types of real estate: "Fee Lands", which is property that the U.S. Army Corps of Engineers owns outright, and "Flowage Easement", which is privately owned property on which the Government purchased the perpetual right to flood up to elevation 249.5 ft. above sea level. Although flowage easement lands are privately owned, there are restrictions on their use. Prospective buyers of property adjacent to Lake O the Pines are strongly encouraged to determine the location of the flowage easement line on any property they are considering purchasing. Flowage easements may or may not be located on deeds or plats provided by the seller(s).

Individuals and companies interested in leases to provide services to the public on Government fee lands should be aware that there are specific restrictions and procedures they must follow. In many cases, individuals or companies will be encouraged to pursue a sublease with an existing lessee, such as a marina. Any leases for new services must go out for bid after a marketing study is completed if the Government determines that the prospective service or product would be beneficial to users at Lake O' the Pines. Questions regarding this topic can be directed to the Recreation Manager at Lake O' the Pines.

Individuals or companies without specific, written permission from the District Engineer are prohibited from conducting business on Government property under the Code of Federal Regulations, Title 36 CFR, 327.18.