Skip to main content
YFP
Mayor's decisions

Extending the term of the lease agreement for the land plot and making amendments and additions to the agreement.

3989-ԱIn force

This decision extends the lease agreement for a land plot occupied by a garage until September 1, 2031, and introduces several amendments to the contract. These amendments include provisions for unilateral termination by the lessor under specific circumstances, detailed notification procedures for such termination, and adjustments to rent calculation and payment terms. The head of the Ajapnyak administrative district is authorized to finalize the agreement. The agreement is subject to state registration.

Property managementAjapnyak

What was decided

  1. Lease extendedLease agreement

    Authorize the head of the Ajapnyak administrative district of Yerevan to conclude an agreement on behalf of the Mayor of Yerevan with Karen Ghlidjyan to extend the term of the lease agreement No. AS-567 dated August 12, 2005, for the land plot with an area of 23.0 sq.m. occupied by garage No. 1 of building No. 29 on Builders Street, and to make amendments and additions to it.

    • Counterparty: Karen Ghlidjyan
    • Owner: Yerevan Municipality
    Object
    Street of Builders, building 29, apartment 1
    Area
    23 m²

    Replaced AS-567 · Clause 16

    The term of the contract has been extended.

    The term of the contract has been extended until September 1, 2031.

  2. Act amendedLease agreement

    Amendments and additions to the lease agreement No. AS-567 dated August 12, 2005, for the land plot occupied by garage No. 1 of building No. 29 on Builders Street, with an area of 23.0 sq.m.

    • Counterparty: Karen Ghlidjyan
    • Owner: Yerevan Municipality

    Deleted AS-567 · Clause 5.5

    Clause 5.5 of the contract: "and alienate the attached real estate to the lessor"

    Clause 5.5 of the contract: remove the words "and alienate the attached real estate to the lessor"

  3. Act amendedLease agreement

    Amendments and additions to the lease agreement No. AS-567 dated August 12, 2005, for the land plot occupied by garage No. 1 of building No. 29 on Builders Street, with an area of 23.0 sq.m.

    • Counterparty: Karen Ghlidjyan
    • Owner: Yerevan Municipality

    Added AS-567 · Clause 6

    Clause 6 of the contract is supplemented with new subclauses 6.7, 6.8, and 6.9.

    Clause 6 of the contract is supplemented with new subclauses 6.7, 6.8, and 6.9. Subclause 6.7 states that the lessor has the right to unilaterally terminate the contract under certain conditions related to urban development or investment programs, or regulation of courtyard/inter-courtyard spaces, or other public importance issues. Termination takes effect three months after the lessee receives notice, and the state registration of the lease right becomes void. Subclause 6.8 details the three simultaneous methods of notification: publication on yerevan.am and azdarar.am websites, sending to the lessee's email, and sending by registered mail. Subclause 6.9 confirms these notification methods as proper and valid, and the lessee is considered duly notified upon publication on the websites, obligating the lessee to monitor these sites throughout the contract term.

  4. Act amendedLease agreement

    Amendments and additions to the lease agreement No. AS-567 dated August 12, 2005, for the land plot occupied by garage No. 1 of building No. 29 on Builders Street, with an area of 23.0 sq.m.

    • Counterparty: Karen Ghlidjyan
    • Owner: Yerevan Municipality

    Replaced AS-567 · Clause 8

    Clause 8 of the contract is restated as: The annual rent for the land plot is 8,807 AMD (23.0 sqm x 38,290 x 1%). The cadastral value of the land plot per 1 sq.m., approximated to the market value at the time of contract signing, is 38,290 AMD.

    Clause 8 of the contract is restated as: The annual rent for the land plot is 8,807 AMD (23.0 sqm x 38,290 x 1%). The cadastral value of the land plot per 1 sq.m., approximated to the market value at the time of contract signing, is 38,290 AMD.

  5. Act amendedLease agreement

    Amendments and additions to the lease agreement No. AS-567 dated August 12, 2005, for the land plot occupied by garage No. 1 of building No. 29 on Builders Street, with an area of 23.0 sq.m.

    • Counterparty: Karen Ghlidjyan
    • Owner: Yerevan Municipality

    Replaced AS-567 · Clause 9

    Clause 9 of the contract is restated as: In cases of an increase in the cadastral value of land approximated to market value and/or the amount of rent established by decisions of the Council of Elders of Yerevan, the Lessor is obliged to notify the Lessee in writing in advance about the new value (rent). In case of an increase in the cadastral value of land approximated to market value and/or rent, the calculated rent amount is subject to application (the contract is considered amended) no earlier than 15 days after written notification. The rent is not changed if the Lessee notifies the Lessor of the early termination of the contract (withdrawal from the contract) before the end of the corresponding 15-day period.

    Clause 9 of the contract is restated as: In cases of an increase in the cadastral value of land approximated to market value and/or the amount of rent established by decisions of the Council of Elders of Yerevan, the Lessor is obliged to notify the Lessee in writing in advance about the new value (rent). In case of an increase in the cadastral value of land approximated to market value and/or rent, the calculated rent amount is subject to application (the contract is considered amended) no earlier than 15 days after written notification. The rent is not changed if the Lessee notifies the Lessor of the early termination of the contract (withdrawal from the contract) before the end of the corresponding 15-day period.

  6. Cadastre action requestedLease agreement

    Take note that the agreement mentioned in the first point of this decision is subject to state registration in the relevant unit of the Cadastre Committee of the Republic of Armenia.

    • Executor: Cadastre Committee of the Republic of Armenia
    • Other: Yerevan Municipality
  7. Execution assignedOther

    Organize the execution and responsibility for this decision.

    • Executor: Ajapnyak administrative district of Yerevan
  8. Oversight assignedOther

    Ensure control over the execution of this decision.

    • Oversight: Armen Pambukhchyan

Full text

YEREVAN MAYOR
DECISION

RA, 0015, Yerevan, Argishti 1
№____________ « » 2026

ON EXTENDING THE TERM OF THE LEASE AGREEMENT CONCLUDED FOR THE LAND PLOT, AND MAKING AMENDMENTS AND ADDITIONS TO THE AGREEMENT

The basis for the adoption of the administrative act was the application of Karen Ghlijyan to extend the term of the lease agreement concluded for the land plot occupied by garage no. 1 of building no. 29, Shinaraner Street (certificate of ownership/use right registration of immovable property no. 2688702 dated 16.12.2009), which belongs to him by right of ownership.

The cadastral value of garage no. 1 of building no. 29, Shinaraner Street, is 1,055,420 AMD.

Guided by Article 49 of the Law "On Local Self-Government in the City of Yerevan", Articles 3, 53, 59 and 60 of the Law "On the Fundamentals of Administration and Administrative Procedure", parts 1 of Articles 466 and 468 of the Civil Code, Decision no. 1023-N of the Government of the Republic of Armenia dated June 4, 2020, and the appendix to Decision no. 463-N of the Yerevan City Council dated December 23, 2025.

  1. Authorize the head of the Ajapnyak administrative district of Yerevan to conclude an agreement with Karen Ghlijyan on behalf of the Mayor of Yerevan, in the manner prescribed by law, on extending the term of lease agreement no. AS-567 concluded on August 12, 2005, for the land plot with an area of 23.0 sq.m. occupied by garage no. 1 of building no. 29, Shinaraner Street, and making amendments and additions thereto, including the following amendments and additions to the agreement:
  1. Supplement point 16 of the agreement with a new paragraph, with the following content:

"Based on the agreement concluded between the Parties, the term of the agreement has been extended until September 1, 2031.".

  1. Remove the words "and alienating the fixed immovable property to the lessor" from sub-point 5.5 of the agreement.

  2. Supplement point 6 of the contract with new sub-points 6.7, 6.8 and 6.9, with the following content: "6.7 The Lessor has the right to unilaterally withdraw from this contract due to the implementation of urban development or investment programs approved by the Yerevan community or the Yerevan Municipality, or the regulation of urban development issues in yard and inter-yard areas, as well as the implementation of other programs by or with the participation of the Yerevan community, or the regulation of other issues of public importance. In such a case, the contract is considered terminated or ceased on the day following the expiration of three months from the date the Lessee receives the notice of unilateral withdrawal from the contract, and the state registration of the right of lease arising from this contract is recognized as invalid in accordance with sub-point "g" of point 3 of part 3 of Article 35 of the Law "On State Registration of Rights to Property", based on the Lessor's application." "6.8 The parties hereby unconditionally agree that the Lessor's written notice of unilateral withdrawal from the contract in accordance with sub-point 6.7 of the contract shall be carried out simultaneously by the following three methods: a. The Lessor's written notice is published on the websites of the Yerevan Municipality www.yerevan.am, as well as on the public notification website of the Republic of Armenia www.azdarar.am, b. The Lessor's written notice is sent to the Lessee's electronic address (email) - if available, c. The Lessor's written notice is sent by postal delivery - by registered mail." "6.9 The parties hereby unconditionally agree and guarantee that the notification methods specified in sub-point 6.8 of the contract are considered proper and valid. Moreover, from the date of publication of the notice on the mentioned websites, the Lessee is considered properly notified of the unilateral withdrawal from the contract. The Lessee unconditionally agrees that throughout the entire period of the contract, monitoring the websites www.yerevan.am and www.azdarar.am is their continuous and uninterrupted contractual obligation under any circumstances." 4) Point 8 of the contract shall be set forth in the following wording: "8. The annual rent for the land plot, in accordance with paragraph "d" of sub-point 1 of point 40 of the appendix to decision No. 463-N of December 23, 2025, of the Yerevan City Council, amounts to 8,807 (eight thousand eight hundred seven) AMD (23.0 sq.m x 38,290 x 1%). At the time of signing the contract, the cadastral value approximated to the market value of the land plot is 38,290 AMD per 1 sq.m." 5) Point 9 of the contract shall be set forth in the following wording: "9. In cases of changes (in case of increase) in the cadastral value of the land approximated to the market value and (or) the amount of rent by decisions of the Yerevan City Council, the Lessor is obliged to notify the Lessee in writing in advance about the new value (rent). Approximated to the market value

land cadastral value and (or) in case of increase in rent, the calculated amount of rent is subject to application (the contract is considered amended) no sooner than 15 days after written notification thereof. The rent is not changed if the Tenant has notified the Landlord of the early termination of the contract (renunciation of the contract) before the expiration of the corresponding 15-day period." 2. Take into consideration that the agreement mentioned in the first point of this decision is subject to state registration in the relevant subdivision of the RA Cadastre Committee. 3. This decision may be appealed administratively to the Mayor of Yerevan or judicially to the Administrative Court of the Republic of Armenia within a two-month period from the date of its entry into force. 4. The organization and responsibility for the execution of the decision shall be placed on the head of the Ajapnyak administrative district of Yerevan. 5. Control over the implementation of this decision is ensured by the First Deputy Mayor of Yerevan, A. Pambukhchyan. FIRST DEPUTY MAYOR OF YEREVAN, ACTING MAYOR OF YEREVAN ARMEN PAMBUKHCHYAN X ARMEN PAMBUKHCHYAN Signed by: PAMBUKHCHYAN ARMEN 3611840246