Skip to main content
Mayor's decisions

Regarding the extension of the lease agreement for the land plot, making changes and additions to the agreement

3967-ԱIn force

The decision of the Mayor of Yerevan concerns extending the term of the land lease agreement concluded with Arsen Petrosyan and making changes to the agreement. According to the decision, the term of the lease agreement for the 21.1 sq m land occupied by garage No. 7 of building No. 5a on Griboyedov Street is extended until September 1, 2031. Changes are also made to several clauses of the agreement, in particular, regarding the rights and obligations of the lessee, as well as the rent. The organization and control are entrusted to the head of the relevant administrative district and the first deputy mayor.

Land and cadastreArabkir

What was decided

  1. Lease extendedLand plot

    Authorize the head of the Arabkir administrative district of Yerevan to conclude an agreement on behalf of the Mayor of Yerevan with Arsen Petrosyan, in the manner prescribed by law, on extending the term of agreement No. 5500 concluded on 17.08.2005 for the land plot with an area of 21.1 sq m occupied by garage No. 7 of building No. 5a on Griboyedov Street, and making changes and additions to it, including the following changes and additions in the agreement

    • Beneficiary: Arsen Petrosyan's
    • Executor: the head of the Arabkir administrative district of Yerevan
    • Counterparty: Mayor of Yerevan
    Object
    of garage No. 7 of building No. 5a on Griboyedov Street
    Cadastral code
    10042012-01-0294
    Area
    21.1
  2. Act amendedMunicipal act

    supplement clause 16 of the agreement with a new paragraph, with the following content:

    Added հ.5500 · point 16

    The term of the agreement has been extended until September 1, 2031, based on the agreement concluded between the parties.

  3. Act amendedMunicipal act

    remove the words "and alienate the fixed immovable property to the lessor" from sub-clause 5.5 of the agreement.

    Deleted հ.5500 · from sub-point 5.5

    and alienate the fixed real estate to the lessor

  4. Act amendedMunicipal act

    supplement clause 6 of the agreement with new sub-clauses 6.8, 6.9 and 6.10, with the following content:

    Added հ.5500 · clause 6

    "6.8 In cases conditioned by the implementation of urban development or investment programs approved by the Yerevan community or Yerevan City Hall, or by the regulation of urban development issues of courtyard and inter-courtyard areas, as well as by the implementation of other programs by or with the participation of the Yerevan community or the regulation of other issues of public importance, the Lessor has the right to unilaterally withdraw from this agreement, in which case the agreement is considered terminated /ceased/ on the day following the expiration of three months from the date of receipt by the Lessee of the notice of unilateral withdrawal from the agreement, and the state registration of the right of lease arising from this agreement is recognized as invalid in accordance with sub-clause G of clause 3 of part 3 of article 35 of the Law "On State Registration of Rights to Property" on the basis of the Lessor's application."

  5. Act amendedMunicipal act

    Added հ.5500 · clause 6

    "6.9 The parties hereby unconditionally agree that the Lessor's written notice of unilateral withdrawal from the agreement in accordance with sub-clause 6.8 of the agreement shall be carried out simultaneously by the following 3 methods: a) The Lessor's written notice is published on the websites of Yerevan City Hall www.yerevan.am, as well as on the public notices website of the Republic of Armenia www.azdarar.am, b) The Lessor's written notice is sent to the Lessee's email address /mail/ if available, c) The Lessor's written notice is sent by postal delivery by registered mail."

  6. Act amendedMunicipal act

    Added հ.5500 · clause 6

    "6.10 The parties hereby unconditionally agree and guarantee that the notification methods specified in sub-clause 6.9 of the agreement are considered proper and valid. Moreover, from the date of publication of the notice on the specified websites, the Lessee is considered properly notified of the unilateral withdrawal from the agreement. The Lessee unconditionally agrees that throughout the entire term of the agreement, monitoring the websites www.yerevan.am and www.azdarar.am is his continuous and uninterrupted contractual obligation under any circumstances."

  7. Act amendedMunicipal act

    point 8 of the agreement shall be set forth in the following wording:

    Replaced հ.5500 · point 8

    8. The annual rent for the land plot, in accordance with paragraph d) of sub-clause 1 of clause 40 of the appendix to decision No. 463-N of the Council of Elders of the City of Yerevan dated December 23, 2025, is 29419 /twenty-nine thousand four hundred nineteen/ AMD (21.1 sq m x 139425 x 1%). At the time of concluding the agreement, the cadastral value of the land plot approximated to the market value for 1 sq m is 139425 AMD.

    8. The annual rent for the land plot, in accordance with paragraph d) of sub-clause 1 of clause 40 of the appendix to decision No. 463-N of the Council of Elders of the City of Yerevan dated December 23, 2025, is 29419 /twenty-nine thousand four hundred nineteen/ AMD (21.1 sq m x 139425 x 1%). At the time of concluding the agreement, the cadastral value of the land plot approximated to the market value for 1 sq m is 139425 AMD.

  8. Act amendedMunicipal act

    reword clause 9 of the agreement as follows:

    Replaced հ.5500 · point 9

    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 Council of Elders of the City of Yerevan, the Lessor is obliged to notify the Lessee in writing in advance about the new value (rent). Approximated to the market value

    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 Council of Elders of the City 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 the land approximated to the market value and (or) the rent, the calculated amount of rent is subject to application (the agreement is considered amended) no earlier than 15 days after written notification thereof. The rent does not change if the Lessee has notified the Lessor of the early termination of the agreement (withdrawal from the agreement) before the expiration of the corresponding 15-day period.

  9. Execution assignedMunicipal act

    Organize the implementation of the decision and assign responsibility to the head of the Arabkir administrative district of Yerevan.

    • Executor: of the head of the Arabkir administrative district of Yerevan
  10. Oversight assignedMunicipal act

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

    • Oversight: A. Pambukhchyan

Full text

MAYOR OF YEREVAN
DECISION
RA, 0015, Yerevan, Argishti 1
№ ____________ « » 2026
ON EXTENDING THE TERM OF THE LAND LEASE AGREEMENT, MAKING AMENDMENTS AND ADDITIONS TO THE AGREEMENT
The basis for the adoption of the administrative act was the application of Arsen Petrosyan to extend the term of the lease agreement concluded for the land occupied by garage No. 7 (state registration of rights to immovable property certificate No. 10042012-01-0294) of building No. 5a, Griboyedov Street.
The cadastral value of garage No. 7 of building No. 5a, Griboyedov Street, is 1,552,930 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 of June 4, 2020, and the appendix to Decision No. 463-N of the Council of Elders of the City of Yerevan of December 23, 2025:

  1. Authorize the head of the Arabkir administrative district of Yerevan to conclude an agreement with Arsen Petrosyan on behalf of the Mayor of Yerevan, in the manner prescribed by law, on extending the term of agreement No. 5500 concluded on 17.08.2005 for the land plot of 21.1 sq.m. occupied by garage No. 7 of building No. 5a, Griboyedov Street, and making amendments and additions thereto, including the following amendments and additions in 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.".

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

  3. Supplement point 6 of the contract with new sub-points 6.8, 6.9 and 6.10, with the following content:
    "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 Yerevan City Hall, 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 which case the contract is considered terminated/expired/ on the day following the expiration of three months from the date of receipt of the notice of unilateral withdrawal from the contract by the Lessee, 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" on the basis of the Lessor's application.".
    "6.9 The parties hereby unconditionally agree that the Lessor's written notice of unilateral withdrawal from the contract in accordance with sub-point 6.8 of the contract shall be carried out simultaneously by the following 3 methods:
    a) The Lessor's written notice is published on the official website of Yerevan City Hall www.yerevan.am, as well as on the public notices website of the Republic of Armenia www.azdarar.am,
    b) The Lessor's written notice is sent to the Lessee's email address/mail/ if available,
    c) The Lessor's written notice is sent by postal delivery via registered mail.".
    "6.10 The parties hereby 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 date of publication of the notice 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 term 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 the Council of Elders of the City of Yerevan dated December 23, 2025, amounts to 29419 (twenty-nine thousand four hundred nineteen) AMD (21.1 sq.m x 139425 x 1%). At the time of signing the contract, the cadastral value of the land plot approximated to the market value is 139425 AMD per 1 sq.m.".
    5) 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 the City of Yerevan, the Lessor is obliged to notify the Lessee in writing in advance about the new value (rent). Approximated to the market value

  1. In case of an increase in the cadastral value and (or) rent of the land, the calculated amount of rent is subject to application (the contract is considered amended) no earlier 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 (withdrawal from the contract) before the expiration of the corresponding 15-day period.
    2. Take into account that the right arising from the agreement mentioned in the first point of this decision is subject to state registration in the corresponding territorial subdivision of the Cadastre Committee of the Republic of Armenia.
    3. This decision may be challenged administratively before the Mayor of Yerevan or judicially before 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 assigned to the head of the Arabkir 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: ARMEN PAMBUKHCHYAN
    X
    ARMEN PAMBUKHCHYAN
    Signed by: PAMBUKHCHYAN ARMEN 3611840246