How to fix problem with "Water body requires Landscape to be rendered"?

Changing landscape collision doesn’t solve the issue actually. Even if you bake the landscape with “Waterbody collision” you wiil get your charecter constantly falling under the level. In any case you’ll need to rebake landscabe with “Block all” collision so it wiil cause an error anyway.

I have this error too. In my case playing with collision presets doesn’t work. Please help!