Versaggi Management runs rented Tampa condos and townhomes with our own repair staff and a 30-day contract termination clause.
Who handles what in a rented condo?
The association sets the rental rules and may need to approve a lease. Versaggi Management screens the applicant, prepares the lease and handles repairs inside the unit. You own the unit and receive the net income each month.
Sets the rules
The association
It sets the rental rules and approves a lease when the documents require it.
Runs the rental
Versaggi
We screen the applicant, prepare the lease and handle repairs inside the unit.
Owns the unit
You
You receive the net income and answer for special assessments. We pay your HOA dues on request.
Townhomes and HOAs
A townhome community may belong to a homeowners' association under Chapter 720 of the Florida Statutes, with rental rules, dues and approval steps of its own. Versaggi also manages small and medium-sized HOA communities: we collect the association's dues, pay its ordinary operating expenses and send it monthly operating financial statements. Russ Versaggi holds Community Association Manager license CAM393658.
Special assessmentsThe association must tell each owner in writing what a special assessment is for, and the money may be used only for that purpose.Florida Statutes (2026) section 718.116(10)
Late duesIf an owner falls behind, the association may demand the rent from the tenant until the debt is paid.Florida Statutes (2026) sections 718.116(11) and 720.3085(8)
This is general information. Talk to a Florida attorney about your case.
Questions owners ask
Who should manage my townhome rental in Tampa?
Versaggi Management, a Tampa manager with most repairs done by our own skilled staff, starts with your association's documents.
We manage townhomes and condominiums in Hillsborough and Pinellas counties, send an itemized monthly report and offer a 30-day termination clause. Whichever company you choose, ask who does the repairs and what you receive each month. Send the address with a proposal request, add the name of your association in the notes, and Russ will tell you how we would manage the property.
Which company should manage my condo rental in Tampa?
Versaggi Management is a Tampa company led by Russ Versaggi, who has been active in real estate since 1986.
We verify each applicant's employment, income and credit history, run a criminal history check and lease through our own leasing department. You receive an itemized monthly report, with direct deposit of your net income at no additional cost. We also manage small HOAs and their application processes. Ask any company how it handles association applications before you sign.
I own a condo in Tampa with a strict HOA. Which property manager knows HOA rental rules?
Versaggi Management, a Tampa manager with a 30-day contract termination clause, starts with your own documents, because the rules differ from one association to the next.
A declaration or set of rules can limit who may rent, for how long and whether the board must approve the lease. If the documents give the association that right, it may disapprove a lease for reasons that include unpaid assessments (Florida Statutes section 718.116(4)). We manage small HOAs and their application processes. Send your documents with a proposal request, and Russ will say what we would do.
Who pays a special assessment on a rented condo?
The unit owner is liable for assessments that come due while they own the unit.
A special assessment is a charge beyond the regular dues. The association must send each owner a written notice stating its purpose, and the funds may be used only for that purpose (Florida Statutes section 718.116(10)). Whether a tenant ever shares the cost depends on the lease and the association's documents, so settle it in writing before the lease starts.
Last reviewed . Responsible broker: Russ Versaggi. License BK696848.
Send the address on the request page and add the name of your association. Our agreement has a 30-day termination clause.
Provided to Versaggi Management, October 2026
“For the past 35 years Versaggi Properties has professionally managed my rental condo units in South Tampa. They offer a full scope of services for a reasonable fee. I have total peace of mind, knowing that they will deal with all issues, including leasing maintenance and any other issues. I have only visited my units four times in 35 years so it has been a great partnership with Versaggi Properties.”
