Skip to main content
YFP
Mayor's decisions

Decision on extending the term of the land lease agreement and making amendments and additions to the agreement

3941-ԱIn force

The decision extends the lease agreement for a land plot occupied by a garage in Yerevan until September 1, 2031. It amends the agreement to include provisions for unilateral termination by the lessor under specific circumstances, outlines a detailed notification process for such terminations, and adjusts the annual rent and cadastral value calculations. The Head of the Arabkir Administrative District is authorized to finalize the agreement, and the State Real Estate Cadastre Committee is tasked with registering the associated rights. Control over the execution of the decision is assigned to the First Deputy Mayor.

Property managementArabkir

What was decided

  1. Lease extendedLease agreement

    To extend the term of the lease agreement concluded on 11.05.2005 for the land plot of 26.4 sqm occupied by garage No. 3 of building 7b, Azatutyun Avenue, Yerevan, and to make amendments and additions to it.

    • Counterparty: Vasak Meliksetyan
    • Owner: Yerevan Municipality
    Object
    Garage No. 3, building 7b, Azatutyun Avenue, Yerevan
    Area
    26.4 m²
  2. Act amendedMunicipal act

    Clause 16 of the agreement is supplemented with a new paragraph stating that the term of the agreement has been extended until September 1, 2031, based on the agreement concluded between the parties.

    • Counterparty: Vasak Meliksetyan
    • Owner: Yerevan Municipality

    Replaced 1936 · Clause 16

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

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

  3. Act amendedMunicipal act

    The words "and the attached real estate to the lessor" are removed from sub-clause 5.5 of the agreement.

    • Counterparty: Vasak Meliksetyan
    • Owner: Yerevan Municipality

    Deleted 1936 · Sub-clause 5.5

    and the attached real estate to the lessor

  4. Act amendedMunicipal act

    Clause 6 of the agreement is supplemented with new sub-clauses 6.8, 6.9, and 6.10 regarding the lessor's right to unilaterally terminate the agreement under certain conditions, the notification procedure, and the validity of such notifications.

    • Counterparty: Vasak Meliksetyan
    • Owner: Yerevan Municipality

    Added 1936 · Clause 6

    Clause 6.8: The lessor has the right to unilaterally terminate this agreement in case of implementation of urban development or investment programs approved by the community of Yerevan or the Yerevan Municipality, or regulation of urban development issues of courtyard, inter-courtyard areas, as well as in case of implementation of other programs by or with the participation of the community of Yerevan, or regulation of other public interest issues. In such cases, the agreement is considered terminated on the day following the expiration of three months from the date of receipt of the notification of unilateral termination by the lessee, and 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 G of point 3 of part 3 of Article 35 of the Law "On State Registration of Rights to Property". Clause 6.9: The parties unconditionally agree that the written notification of unilateral termination of the agreement by the Lessor in accordance with clause 6.8 of the agreement is carried out simultaneously in the following 3 ways: a) The Lessor's written notification is 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 is sent to the Lessee's electronic address/mail, if available, c) The Lessor's written notification is sent by postal delivery via registered mail. Clause 6.10: The parties unconditionally agree and guarantee that the notification methods specified in clause 6.9 of the agreement are considered proper and valid. In this case, the Lessee is considered duly notified of the unilateral termination of the agreement from the day of publication of the notification on the specified websites. The Lessee unconditionally agrees that following the websites www.yerevan.am and www.azdarar.am throughout the entire term of the agreement is its continuous and uninterrupted contractual obligation.

  5. Act amendedMunicipal act

    Clause 8 of the agreement is amended to state the annual rent for the land plot and the cadastral value per square meter.

    • Counterparty: Vasak Meliksetyan
    • Owner: Yerevan Municipality

    Replaced 1936 · Clause 8

    The annual rent for the land plot is 23926 AMD (26.4 sqm x 90628 x 1%). The cadastral value of the land plot, approximated to the market value at the time of concluding the agreement, is 90628 AMD per 1 sqm.

  6. Act amendedMunicipal act

    Clause 9 of the agreement is amended to specify the procedure for notifying the lessee of changes in cadastral value or rent, and the conditions for applying these changes.

    • Counterparty: Vasak Meliksetyan
    • Owner: Yerevan Municipality

    Replaced 1936 · Clause 9

    In case 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 agreement is considered amended) no earlier than 15 days after written notification thereof. The rent is not changed if the Lessee notifies the Lessor of the early termination of the agreement (refusal of the agreement) before the end of the corresponding 15-day period.

  7. Execution assignedLease agreement

    To authorize the Head of the Arabkir Administrative District of Yerevan to conclude an agreement on behalf of the Mayor of Yerevan with Vasak Meliksetyan to extend the term of the lease agreement and make amendments and additions to it.

    • Executor: Head of Arabkir Administrative District of Yerevan
  8. Cadastre action requestedLease agreement

    The right arising from the agreement mentioned in the first point of this decision is subject to state registration in the relevant territorial division of the State Real Estate Cadastre Committee of the Republic of Armenia.

    • Executor: State Real Estate Cadastre Committee
  9. Oversight assignedMunicipal act

    Control over the execution of this decision is ensured by the First Deputy Mayor of Yerevan, Armen Pambukhchyan.

    • Oversight: Armen Pambukhchyan
  10. Execution assignedMunicipal act

    The organization of the execution of this decision and the responsibility for it are entrusted to the Head of the Arabkir Administrative District of Yerevan.

    • Executor: Head of Arabkir Administrative District of Yerevan

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 Vasak Meliksetyan on extending the term of the lease agreement concluded for the land occupied by garage No. 3 of building 7b, Azatutyan Avenue (certificate of registration of ownership (use) right of immovable property No. 2724303 dated 29.08.2011).

The cadastral value of garage No. 3 of building 7b, Azatutyan Avenue is 2563874 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 Arabkir administrative district of Yerevan to conclude an agreement with Vasak Meliksetyan, on behalf of the Mayor of Yerevan, in the manner prescribed by law, on extending the term of agreement No. 1936 concluded on 11.05.2005 for the land plot with an area of 26.4 sq.m. occupied by garage No. 3 of building 7b, Azatutyan Avenue, 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 6.8, 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 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 this case, the contract is considered terminated (ceased) 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", based on the application of the Lessor."
    "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 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 email address (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 his continuous and uninterrupted contractual obligation under any circumstances."

  3. 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 Yerevan City Council dated December 23, 2025, amounts to 23926 (twenty-three thousand nine hundred twenty-six) AMD (26.4 sq.m x 90628 x 1%). At the time of signing the contract, the cadastral value of the land plot approximated to the market value is 90628 AMD per 1 sq.m."

  4. 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 earlier than 15 days after written notification thereof. The rent is not changed if the Tenant has notified the Landlord about 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 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 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 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 OF YEREVAN ARMEN PAMBUKHCHYAN
X
ARMEN PAMBUKHCHYAN
Signed by: PAMBUKHCHYAN ARMEN 3611840246