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Decision on extending the term of the lease agreement for the land plot, making amendments and additions to the agreement, and providing an address

3914-ԱIn force

This decision extends the lease agreement for a garage land plot located adjacent to building 20/3 Margaryan Street, owned by Aram Adamyan. The lease term is extended until September 1, 2031. Several amendments are made to the lease agreement, including new clauses on termination, notification procedures, and rent adjustments. Additionally, a new address is assigned to the garage, and relevant departments are instructed to update their records. The decision also designates oversight for its execution.

Property managementAjapnyak

What was decided

  1. Lease extendedLease agreement

    The head of the Ajapnyak administrative district is authorized to conclude an agreement with Aram Adamyan to extend the term of lease agreement #3870, dated August 20, 2005, for the 49 sqm land plot occupied by the garage adjacent to building 20/3 Margaryan Street, until September 1, 2031.

    • Counterparty: Aram Adamyan
    • Owner: Yerevan Municipality
    Object
    adjacent to building 20/3 Margaryan Street
    Area
    49 m²

    Replaced lease agreement #3870 · clause 16

    original lease term

    until September 1, 2031

  2. Act amendedLease agreement

    Clause 6.8 is amended to state that the lessor has the right to unilaterally terminate the agreement due to urban development or investment programs, or for public interest reasons, with the agreement terminating three months after the lessee receives notice. The state registration of the lease right will be invalidated upon the lessor's application.

    • Owner: Yerevan Municipality

    Replaced lease agreement #3870 · clause 6.8

    original clause 6.8

    The lease agreement is considered terminated or ceased on the day following the expiration of three months from the receipt of the notification of unilateral termination of the lease agreement by the lessor. The state registration of the lease right arising from this agreement is recognized as invalid based on the application of the lessor, in accordance with subparagraph 'c' of part 3 of Article 35 of the Law "On State Registration of Rights to Property".

  3. Act amendedLease agreement

    Clause 6.9 is added, specifying that notification of unilateral termination will be made through publication on www.yerevan.am and www.azdarar.am, email, and registered mail, and that the lessee is considered duly notified upon publication.

    • Owner: Yerevan Municipality

    Added lease agreement #3870 · clause 6.9

    original clause 6.9

    Clause 6.9 is added, detailing the three methods of notification for unilateral termination: publication on www.yerevan.am and www.azdarar.am, sending to the lessee's email, and registered mail. The lessee is considered duly notified upon publication on these websites.

  4. Act amendedLease agreement

    Clause 6.10 is added, confirming the validity of the notification methods in clause 6.9 and obliging the lessee to monitor the specified websites.

    • Owner: Yerevan Municipality

    Added lease agreement #3870 · clause 6.10

    original clause 6.10

    Clause 6.10 is added, stating that the notification methods in clause 6.9 are considered proper and valid, and the lessee is obliged to monitor www.yerevan.am and www.azdarar.am throughout the contract term.

  5. Act amendedLease agreement

    Clause 8 is amended to set the annual land lease payment at 18,762 AMD, based on a cadastral value of 38,290 AMD per square meter.

    • Owner: Yerevan Municipality

    Replaced lease agreement #3870 · clause 8

    original clause 8

    The annual land lease payment is set at 18,762 AMD (49.0 sqm x 38,290 x 1%). The cadastral value per square meter is 38,290 AMD.

  6. Act amendedLease agreement

    Clause 9 is amended to regulate the process of notifying the lessee about changes in cadastral value or rent, and the lessee's right to early termination.

    • Owner: Yerevan Municipality

    Replaced lease agreement #3870 · clause 9

    original clause 9

    Clause 9 is amended to state that in case of an increase in cadastral value or rent, the lessor must notify the lessee in writing. The new rent applies no earlier than 15 days after notification. The lessee can terminate the contract early if they notify the lessor within these 15 days.

  7. Address assignedReal estate object

    The address "174/14 G. Bashinjaghyan Street" is assigned to the garage belonging to Aram Adamyan.

    • Owner: Aram Adamyan
    Object
    174/14 G. Bashinjaghyan Street
  8. Execution assignedReal estate object

    The Real Estate Management Department of the Yerevan Municipality Staff is instructed to send information about the assigned address to the State Committee of the Real Estate Cadastre, the Yerevan Police Department, and the head of the Ajapnyak administrative district within 3 working days.

    • Executor: Yerevan Municipality Staff, Real Estate Management Department
  9. Oversight assignedMunicipal act

    Oversight of the execution of this decision is ensured by the First Deputy Mayor of Yerevan, A. Pambukhchyan.

    • Oversight: A. Pambukhchyan

Full text

MAYOR OF YEREVAN

DECISION

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

ON EXTENDING THE TERM OF THE LEASE AGREEMENT CONCLUDED FOR A LAND PLOT,

MAKING AMENDMENTS AND SUPPLEMENTS TO THE AGREEMENT,

AND PROVIDING AN ADDRESS

The basis for the adoption of the administrative act was the application of Aram Adamyan regarding the extension of the term of the lease agreement concluded for the land plot occupied by the garage belonging to him by right of ownership (certificate of registration of the right of ownership /use/ of real estate dated 24.08.2005 №2004436), located adjacent to building №20/3 of Margaryan Street.
The cadastral value of the garage located adjacent to building №20/3 of Margaryan Street amounts to 6,589,072 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 Fundamentals of Administration and Administrative Proceedings", parts 1 of Articles 466 and 468 of the Civil Code, Decisions of the Government of the RA №1023-N dated June 4, 2020, and №2387-N dated December 29, 2005, and the Annex to Decision №463-N of the Yerevan City Council dated December 23, 2025.

  1. To authorize the head of the Ajapnyak administrative district of Yerevan to conclude, in the manner prescribed by legislation, on behalf of the Mayor of Yerevan, an agreement with Aram Adamyan regarding the extension of the term of lease agreement №3870 concluded on August 20, 2005, for the 49.0sqm land plot occupied by the garage located adjacent to building №20/3 of Margaryan Street and making amendments and supplements therein, including the following amendments and supplements to the agreement:
  1. to supplement clause 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. to remove the words "including the implementation of capital construction in the manner prescribed by the legislation of the Republic of Armenia—" from sub-clause 4.2 of the agreement;

  2. to remove the words "and to alienate the fixed real estate to the lessor under conditions determined between the parties." from sub-clause 4.4 of the agreement.

  3. remove the words "and alienate the fixed immovable property to the lessor" from sub-point 5.5 of the contract; 5) supplement point 6 of the contract with new sub-points 6.7, 6.8, 6.9 and 6.10, with the following content: "6.7 In case of necessity to change the purpose of use of the leased land plot, the lessor has the right to withdraw from the contract in the prescribed manner, by notifying the lessee one month in advance."; "6.8 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 problems of 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 public interest problems, in which case the contract is considered terminated or ceased on the day following the expiration of three months from the moment the lessee receives the notification 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 application of the lessor."; "6.9 Hereby the parties unconditionally agree that the lessor's written notification of unilateral withdrawal from the contract in accordance with sub-point 6.8 of the contract is carried out simultaneously by the following three methods: a. The lessor's written notification is published on the websites of the Yerevan Municipality www.yerevan.am, as well as on the public notifications website of the Republic of Armenia www.azdarar.am, b. The lessor's written notification is sent to the lessee's e-mail address (mail) if available, c. The lessor's written notification is sent by postal delivery via registered mail."; "6.10 Hereby the parties unconditionally agree and guarantee that the notification methods specified in sub-point 6.9 of the contract are considered proper and valid. Moreover, from the day of publication of the notification on the specified websites, the lessee is considered properly notified of the unilateral withdrawal from the contract. The lessee unconditionally agrees that throughout the entire period of validity of the contract, monitoring the websites www.yerevan.am and www.azdarar.am is his continuous and uninterrupted contractual obligation under any circumstances."; 6) point 8 of the contract shall be set forth in the following wording: "8. The annual rent for the land plot, in accordance with sub-point "d" of point 1 of point 40 of the appendix to decision No. 463-N of December 23, 2025, of the Council of Elders of Yerevan, amounts to 18,762 (eighteen thousand seven hundred sixty-two) AMD (49.0 sq.m x 38,290 x 1%). At the time of concluding the contract, the cadastral value of the land plot approximated to the market value for 1 sq.m is 38,290 AMD."; 7) point 9 of the contract shall be set forth in the following wording: "9. In cases of change (in case of increase) of the cadastral value of the land approximated to the market value and (or) the amount of rent by decisions of the Council of Elders of Yerevan, the Lessor is obliged to notify in advance of the new value (rent)

written notice to the Lessee. In case of an increase in the cadastral value of the land approximated to the market value and (or) the rent, the calculated rent amount shall be subject to application (the contract shall be considered amended) no earlier than 15 days after written notification thereof. The rent shall not be changed if the Lessee has notified the Lessor of the early termination of the contract (withdrawal from the contract) before the expiration of the corresponding 15-day period."
2. Assign the address "G. Bashinjaghyan street, h.174/14" to the garage belonging to Aram Adamyan.
3. Instruct the Real Estate Management Department of the Yerevan Municipality Staff to send information regarding the address of the real estate provided on the basis of this decision within 3 working days to the Yerevan territorial division of the RA Cadastre Committee and the corresponding division and department of the RA Police of Yerevan city, and to the head of Ajapnyak administrative district.
4. Take note that the right arising from the agreement mentioned in the first point of this decision is subject to state registration in the corresponding division of the RA Cadastre Committee.
5. 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.
6. The organization and responsibility for the execution of the decision shall be placed on the head of the Ajapnyak administrative district of Yerevan.
7. 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