Decision on extending the term of the land lease agreement, amending and supplementing the agreement, and providing an address

In force

This decision extends the lease agreement for a land plot occupied by a garage, amends the agreement, and assigns an address to the garage. Key changes include extending the lease term to 2031, updating clauses related to termination and notification, and adjusting rent calculation. The decision also instructs relevant departments to update cadastral and police records and assigns responsibility for execution and oversight.

Property managementErebuni

What was decided

Lease extendedLease agreement
To authorize the head of the Erebuni administrative district to conclude an agreement on behalf of the Mayor of Yerevan with Eliso Kirakosyan and Rudolf Yeghiazaryan to extend the term of the lease agreement No. 9991 dated 22.08.2005 for the land plot of 63.5 sqm occupied by the garage in the courtyard of building 6B, Artsakh Avenue, and to make amendments and additions to the agreement.
- Counterparty: Eliso Kirakosyan
- Counterparty: Rudolf Yeghiazaryan
- Owner: Yerevan Municipality
Object
Artsakh Avenue 6B, Yerevan
Area
63.5 m²
Act amendedLease agreement
Amend the agreement by replacing the words "Ararat Yeghiazaryan" with "Eliso Kirakosyan, Rudolf Yeghiazaryan".
Replaced lease agreement No. 9991 · agreement
Ararat Yeghiazaryan
Replace the words "Ararat Yeghiazaryan" with "Eliso Kirakosyan, Rudolf Yeghiazaryan" in the agreement.
Act amendedLease agreement
Add to clause 16 of the agreement: "The term of the agreement has been extended until September 1, 2031, based on the agreement concluded between the parties."
Added lease agreement No. 9991 · clause 16
Add a new paragraph to clause 16 of the agreement: "The term of the agreement has been extended until September 1, 2031, based on the agreement concluded between the parties."
Act amendedLease agreement
Remove from clause 4.2 of the agreement: "(including capital construction in accordance with the procedure established by the legislation of the Republic of Armenia)".
Deleted lease agreement No. 9991 · clause 4.2
(including capital construction in accordance with the procedure established by the legislation of the Republic of Armenia)
Act amendedLease agreement
Remove from clause 4.4 of the agreement: "and to alienate the attached immovable property to the lessor on terms determined by the parties".
Deleted lease agreement No. 9991 · clause 4.4
and to alienate the attached immovable property to the lessor on terms determined by the parties
Act amendedLease agreement
Remove from clause 5.5 of the agreement: "and to alienate the attached immovable property to the lessor".
Deleted lease agreement No. 9991 · clause 5.5
and to alienate the attached immovable property to the lessor
Act amendedLease agreement
Add new clauses 6.7, 6.8, 6.9, and 6.10 to clause 6 of the agreement.
Added lease agreement No. 9991 · clause 6
6.7 The lessor has the right to terminate the agreement in the prescribed manner, having previously notified the lessee one month in advance, in case of a change in the purpose of use of the leased land plot. 6.8 Due to the implementation of urban development or investment programs approved by the community of Yerevan or the Yerevan Municipality, or the regulation of urban development issues of courtyards and inter-yard spaces, as well as the implementation of other programs by or with the participation of the community of Yerevan, or the regulation of other public interest issues, the lessor has the right to unilaterally terminate 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 notification of unilateral termination of the agreement, and the state registration of the lease right arising from this agreement is recognized as invalid in accordance with subparagraph 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 The parties hereby unconditionally agree that the lessor's written notification of unilateral termination of the agreement in accordance with clause 6.8 of the agreement shall be carried out simultaneously in the following three ways: a) The lessor's written notification shall be published on the official websites of the Yerevan Municipality www.yerevan.am, as well as the public notices of the Republic of Armenia www.azdarar.am, b) The lessor's written notification shall be sent to the lessee's e-mail address (mail), if available, c) The lessor's written notification shall be sent by postal delivery by registered mail. 6.10 The parties hereby unconditionally agree and guarantee that the notification methods specified in clause 6.9 of the agreement are considered proper and valid. Moreover, from the day of publication of the notification on the specified websites, the lessee is considered duly notified of the unilateral termination of the agreement. The lessee unconditionally agrees that following the websites www.yerevan.am and www.azdarar.am throughout the term of the agreement is its continuous and uninterrupted contractual obligation.
Act amendedLease agreement
Rewrite clause 8 of the agreement as follows: "The annual rent for the land plot, in accordance with subparagraph d) of point 1 of clause 40 of the annex to decision No. 463-N of the Council of Elders of Yerevan dated December 23, 2025, amounts to 37,407 (thirty-seven thousand four hundred seven) AMD (63.5 sqm x 58.908 x 1%). At the time of concluding the agreement, the cadastral value approximated to the market value of the land plot is 58,908 AMD per 1 sqm."
Replaced lease agreement No. 9991 · clause 8
The annual rent for the land plot, in accordance with subparagraph d) of point 1 of clause 40 of the annex to decision No. 463-N of the Council of Elders of Yerevan dated December 23, 2025, amounts to 37,407 (thirty-seven thousand four hundred seven) AMD (63.5 sqm x 58.908 x 1%). At the time of concluding the agreement, the cadastral value approximated to the market value of the land plot is 58,908 AMD per 1 sqm.
The annual rent for the land plot, in accordance with subparagraph d) of point 1 of clause 40 of the annex to decision No. 463-N of the Council of Elders of Yerevan dated December 23, 2025, amounts to 37,407 (thirty-seven thousand four hundred seven) AMD (63.5 sqm x 58.908 x 1%). At the time of concluding the agreement, the cadastral value approximated to the market value of the land plot is 58,908 AMD per 1 sqm.
Act amendedLease agreement
Rewrite clause 9 of the agreement as follows: "In cases of change (increase) in the cadastral value of land approximated to market value and/or the amount of rent by decisions of the Council of Elders of Yerevan, the Lessor is obliged to inform 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 agreement is considered amended) no earlier than 15 days after written notification thereof. The rent is not changed if the Lessee has notified the Lessor of the early termination of the agreement (refusal of the agreement) before the end of the corresponding 15-day period."
Replaced lease agreement No. 9991 · clause 9
In cases of change (increase) in the cadastral value of land approximated to market value and/or the amount of rent by decisions of the Council of Elders of Yerevan, the Lessor is obliged to inform 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 agreement is considered amended) no earlier than 15 days after written notification thereof. The rent is not changed if the Lessee has notified the Lessor of the early termination of the agreement (refusal of the agreement) before the end of the corresponding 15-day period.
In cases of change (increase) in the cadastral value of land approximated to market value and/or the amount of rent by decisions of the Council of Elders of Yerevan, the Lessor is obliged to inform 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 agreement is considered amended) no earlier than 15 days after written notification thereof. The rent is not changed if the Lessee has notified the Lessor of the early termination of the agreement (refusal of the agreement) before the end of the corresponding 15-day period.
Address assignedReal estate object
To assign the address "Artsakh Street 8/109" to the garage located in the courtyard of building 6B, Artsakh Avenue.
- Owner: Yerevan Municipality
Object
Artsakh Street 8/109
Cadastre action requestedReal estate object
To instruct the Real Estate Management Department of the Yerevan Municipality Administration to send information regarding the address granted based on this decision to the Yerevan Territorial Department of the State Committee of the Real Estate Cadastre of the Republic of Armenia, the relevant department of the Police of the Republic of Armenia, Yerevan City, and the head of the Erebuni administrative district within 3 working days.
- Executor: Yerevan Municipality Administration's Real Estate Management Department
Object
Artsakh Street 8/109
Execution assignedMunicipal act
Entrust the organization of execution and responsibility for this decision to the head of the Erebuni administrative district.
- Executor: Head of Erebuni administrative district
Oversight assignedMunicipal act
The First Deputy Mayor of Yerevan, Armen Pambukhchyan, ensures control over the execution of this decision.
- Oversight: Armen Pambukhchyan, First Deputy Mayor of Yerevan

Full text

DECISION OF THE MAYOR OF YEREVAN

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

ON EXTENDING THE TERM OF THE LAND LEASE AGREEMENT, MAKING AMENDMENTS AND ADDITIONS TO THE AGREEMENT, AND PROVIDING AN ADDRESS

The basis for the adoption of the administrative act was Eliso Kirakosyan's application dated 02.07.2026, regarding the extension of the term of the lease agreement concluded for the land occupied by the garage located in the yard of the building at Artsakh Avenue No. 6b, which was transferred to Eliso Kirakosyan and Rudolf Yeghiazaryan by property right certificate No. 4831 and by inheritance right certificates No. 4832, No. 4834, making amendments and additions to the agreement, and providing an address.

The cadastral value of the building located in the yard of the building at Artsakh Avenue No. 6b is 4,376,716 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, Government Decisions No. 2387-N of December 29, 2005 and No. 1023-N of June 4, 2020, and the appendix to Decision No. 463-N of December 23, 2025 of the Yerevan City Council:

Authorize the Head of the Erebuni administrative district of Yerevan to conclude an agreement on behalf of the Mayor of Yerevan with Eliso Kirakosyan and Rudolf Yeghiazaryan, in accordance with the procedure established by the legislation of the Republic of Armenia, on extending the term of lease agreement No. 9991 concluded on 22.08.2005 for the land plot with an area of 63.5 sq.m. occupied by the garage located in the yard of the building at Artsakh Avenue No. 6b, and making amendments and additions thereto:
1. In the agreement, replace the words "Ararat Yeghiazaryan" with the words "Eliso Kirakosyan, Rudolf Yeghiazaryan".
2. In point 16 of the agreement, make the following addition in a new paragraph:)))

«Based on the agreement concluded between the parties, the term of the contract has been extended until September 1, 2031.».
3) remove the words «(including capital construction to be carried out in the manner prescribed by the legislation of the Republic of Armenia)» from sub-point 4.2 of the contract.
4) remove the words «and alienate the fixed immovable property to the lessor under conditions to be determined between the parties» from sub-point 4.4 of the contract.
5) remove the words «and alienate the fixed immovable property to the lessor» from sub-point 5.5 of the contract.
6) 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 problems of public importance, in which case the contract is considered terminated /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 lessor's application.».
«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 official website 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 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 date of publication of the notification 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 term of the contract, monitoring the websites www.yerevan.am and www.azdarar.am is his continuous and uninterrupted contractual obligation under any circumstances.».
7) point 8 of the contract shall be set forth in the following wording.

«8. The annual rent of the land plot, in accordance with paragraph d) of subparagraph 1 of point 40 of the annex to decision No. 463-N of December 23, 2025, of the Yerevan City Council, amounts to 37,407 /thirty-seven thousand four hundred seven/ AMD (63.5 sq.m x 58.908 x 1%). At the time of signing the contract, the cadastral value of the land plot approximated to the market value for 1 sq.m is 58,908 AMD.».

Clause 9 of the contract shall be reworded as follows:
«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). In case of an increase in the cadastral value of the land approximated to the market value and (or) rent, the calculated amount of rent shall be applied (the contract shall be considered amended) no sooner 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.».

Assign the address "Artsakh Street, No. 8/109" to the garage located in the yard of building No. 6b, Artsakh Avenue.
Instruct the Real Estate Management Department of the Yerevan City Hall 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 relevant division and department of the RA Police of Yerevan city, and to the head of the Erebuni administrative district.
Take note that the right arising from the agreement mentioned in point 1 of this decision is subject to state registration in the relevant division of the RA Cadastre Committee.
This decision may be appealed administratively to the Mayor of Yerevan or judicially to the Administrative Court of the Republic of Armenia within two months from the date of its entry into force.
The organization and responsibility for the execution of the decision shall be entrusted to the head of the Erebuni administrative district.
Control over the implementation of this decision shall be ensured by the First Deputy Mayor of Yerevan, Armen Pambukhchyan.

TIGRAN AVINYAN