Decision on extending the term of the land plot lease agreement, making changes and additions to the agreement, and providing an address.
This decision extends the lease agreement for a land plot occupied by a garage located near building 15, Bagratunyats Avenue, until September 1, 2031. It also introduces several amendments to the lease agreement, including changes to clauses regarding rent calculation, termination rights, and notification procedures. The garage is assigned the address "15/19 Bagratunyats Street, Yerevan". The relevant departments are instructed to update their records accordingly.
What was decided
- Lease extendedLease agreement
Authorize the head of the Shengavit administrative district to conclude an agreement on behalf of the Mayor of Yerevan with Marine Petrosyan to extend the term of lease agreement #6338 dated 16.11.1999 for the land plot occupied by the garage near building 15, Bagratunyats Avenue, with an area of 23.7 sqm, and to make amendments and additions to it.
- Counterparty: Marine Petrosyan
- Owner: Yerevan Municipality
- Object
- 15 Bagratunyats Avenue, Yerevan
- Cadastral code
- 0115233
- Area
- 23.7 m²
Replaced lease agreement #6338 · clause 19
the term of the lease agreement
until September 1, 2031
- Act amendedLease agreement
Amend clause 4 of the lease agreement to state: "4. The cadastral value of the land plot, approximated to the market value, is 58908 AMD per square meter."
- Counterparty: Marine Petrosyan
- Owner: Yerevan Municipality
- Object
- 15 Bagratunyats Avenue, Yerevan
- Cadastral code
- 0115233
- Area
- 23.7 m²
Replaced lease agreement #6338 · clause 4
The cadastral value of the land plot, approximated to the market value, is 58908 AMD per square meter.
The cadastral value of the land plot, approximated to the market value, is 58908 AMD per square meter.
- Act amendedLease agreement
Amend sub-clause 5.2 of the lease agreement by deleting the words "including carrying out capital construction".
- Counterparty: Marine Petrosyan
- Owner: Yerevan Municipality
- Object
- 15 Bagratunyats Avenue, Yerevan
- Cadastral code
- 0115233
- Area
- 23.7 m²
Deleted lease agreement #6338 · sub-clause 5.2
include carrying out capital construction
delete the words "including carrying out capital construction"
- Act amendedLease agreement
Amend sub-clause 5.5 of the lease agreement by deleting the words "or alienate improvements made on the land and attached property in favor of the Lessor".
- Counterparty: Marine Petrosyan
- Owner: Yerevan Municipality
- Object
- 15 Bagratunyats Avenue, Yerevan
- Cadastral code
- 0115233
- Area
- 23.7 m²
Deleted lease agreement #6338 · sub-clause 5.5
or alienate improvements made on the land and attached property in favor of the Lessor
delete the words "or alienate improvements made on the land and attached property in favor of the Lessor"
- Act amendedLease agreement
Add new sub-clauses 7.6, 7.7, 7.8, and 7.9 to clause 7 of the lease agreement, detailing the Lessor's rights regarding termination and notification procedures.
- Counterparty: Marine Petrosyan
- Owner: Yerevan Municipality
- Object
- 15 Bagratunyats Avenue, Yerevan
- Cadastral code
- 0115233
- Area
- 23.7 m²
Added lease agreement #6338 · clause 7
Add new sub-clauses 7.6, 7.7, 7.8, and 7.9 regarding the Lessor's right to terminate the agreement under certain conditions, including for the implementation of urban development or investment programs, and specifying the notification procedures.
- Act amendedLease agreement
Amend clauses 15 and 16 of the lease agreement by replacing "0.25%" with "0.05%".
- Counterparty: Marine Petrosyan
- Owner: Yerevan Municipality
- Object
- 15 Bagratunyats Avenue, Yerevan
- Cadastral code
- 0115233
- Area
- 23.7 m²
Replaced lease agreement #6338 · clauses 15 and 16
0.25%
replace "0.25%" with "0.05%"
- Act amendedLease agreement
Amend clause 13 of the lease agreement to specify the account number as "900025100117".
- Counterparty: Marine Petrosyan
- Owner: Yerevan Municipality
- Object
- 15 Bagratunyats Avenue, Yerevan
- Cadastral code
- 0115233
- Area
- 23.7 m²
Replaced lease agreement #6338 · clause 13
account number
account number is "900025100117"
- Act amendedLease agreement
Amend clause 10 of the lease agreement to specify the procedure for notifying the Lessee about changes in cadastral value or rent, and the application of new rates.
- Counterparty: Marine Petrosyan
- Owner: Yerevan Municipality
- Object
- 15 Bagratunyats Avenue, Yerevan
- Cadastral code
- 0115233
- Area
- 23.7 m²
Replaced lease agreement #6338 · clause 10
Clause 10 of the lease agreement regarding changes in cadastral value and rent.
Clause 10 of the lease agreement is amended to state that in case of an increase in the cadastral value of the land plot approximated to the market value and/or the rent amount determined by the 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). The calculated rent amount in case of an increase in the cadastral value of the land plot approximated to the market value and/or rent shall be applied no earlier than 15 days after written notification. The rent shall not be changed if the Lessee notifies the Lessor of the early termination of the agreement (rejection of the agreement) before the end of the respective 15-day period.
- Act amendedLease agreement
Amend clause 9 of the lease agreement to specify the annual rent amount and the basis for its calculation.
- Counterparty: Marine Petrosyan
- Owner: Yerevan Municipality
- Object
- 15 Bagratunyats Avenue, Yerevan
- Cadastral code
- 0115233
- Area
- 23.7 m²
Replaced lease agreement #6338 · clause 9
Clause 9 of the lease agreement regarding the annual rent.
Clause 9 of the lease agreement is amended to state: "9. The annual rent for the land plot, in accordance with sub-clause d) of clause 1 of the appendix to decision #463-N of the Council of Elders of Yerevan dated December 23, 2025, amounts to 13961 AMD (23.7 sqm x 58908 AMD x 1%). At the time of concluding the agreement, the cadastral value of the land plot approximated to the market value is 58908 AMD per square meter."
- Address assignedReal estate object
Grant the address "15/19 Bagratunyats Street, Yerevan" to the garage located near building 15, Bagratunyats Avenue.
- Owner: Marine Petrosyan
- Owner: Yerevan Municipality
- Object
- 15/19 Bagratunyats Street, Yerevan
- Execution assignedReal estate object
Instruct the Real Estate Management Department of the Yerevan Municipality Administration to send information about the granted address of the real estate object to the territorial department of the State Real Estate Cadastre Committee, the relevant division of the Yerevan Police Department, and the head of the Shengavit administrative district within 3 working days.
- Executor: Yerevan Municipality Administration's Real Estate Management Department
- Executor: State Real Estate Cadastre Committee
- Executor: Yerevan Police Department
- Executor: Shengavit administrative district head
- Oversight assignedMunicipal act
The oversight of the execution of this decision is ensured by the First Deputy Mayor of Yerevan, Armen Pambukhchyan.
- Oversight: A. Pambukhchyan
- Execution assignedMunicipal act
Entrust the organization of the execution of this decision and the responsibility to the head of the Shengavit administrative district of Yerevan.
- Executor: Head of Shengavit administrative district
Full text
ԵՐԵՎԱՆԻ ՔԱՂԱՔԱՊԵՏ
ՈՐՈՇՈՒՄ
ՀՀ, 0015, ք. Երևան, Արգիշտիի 1
№____________ « » 2026թ.
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 the application of Marine Petrosyan to extend the term of the lease agreement concluded for the land occupied by the garage (certificate of ownership (use) right of immovable property dated 03.12.1999, No. 0115233) located near building No. 15 on Bagratunyats Avenue.
The cadastral value of the garage located near building No. 15 on Bagratunyats Avenue is 1,711,026 AMD.
Guided by Article 49 of the RA Law "On Local Self-Government in Yerevan", Articles 3, 53, 59 and 60 of the RA Law "On the Fundamentals of Administration and Administrative Procedure", parts 1 of Articles 466 and 468 of the Civil Code, RA Government Decisions No. 2387-N of December 29, 2005, and No. 1023-N of June 4, 2020, and the appendix to Yerevan City Council Decision No. 463-N of December 23, 2025:
- Authorize the head of the Shengavit administrative district of Yerevan, in the manner prescribed by law, on behalf of the Mayor of Yerevan, to conclude an agreement with Marine Petrosyan on extending the term of lease agreement No. 6338 concluded on 16.11.1999 for the land plot with an area of 23.7 sq.m. occupied by the garage located near building No. 15 on Bagratunyats Avenue, and on making amendments and additions thereto, including the following amendments and additions to the agreement:
-
Supplement point 19 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.". -
Redraft point 4 of the agreement with the following content:
"4. The cadastral value of the land plot, approximated to its market value, is 58908 AMD per 1 sq.m.". -
Remove the words "including carrying out capital construction" from sub-point 5.2 of the agreement.
-
remove the words "or alienate the improvements made on the land and the fixed property in favor of the Lessor," from sub-point 5.5 of the contract. 5) supplement point 7 of the contract with new sub-points 7.6, 7.7, 7.8 and 7.9, with the following content: "7.6 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." "7.7 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 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 issues, in which case the contract is considered terminated (expired) 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 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" on the basis of the Lessor's application." "7.8 The parties hereby unconditionally agree that the Lessor's written notification of unilateral withdrawal from the contract in accordance with sub-point 7.7 of the contract shall be 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 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 - by registered letter." "7.9 The parties hereby unconditionally agree and guarantee that the notification methods specified in sub-point 7.8 of the contract are considered proper and valid. Moreover, from the date 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) replace the number "0.25%" with the number "0.05%" in points 15 and 16 of the contract. 7) the account number in point 13 of the contract is "900025100117". 8) set out point 10 of the contract in the following wording: "10. In cases of change (increase) of 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) the 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 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.".
- Article 9 of the contract shall be set forth in the following wording:
"9. The annual rent for the land plot, in accordance with paragraph d) of subparagraph 1 of point 40 of the appendix to decision No. 463-N of December 23, 2025, of the Yerevan City Council, amounts to 13961 /thirteen thousand nine hundred sixty-one/ AMD (23.7 sq.m x 58908 AMD x 1%). At the time of concluding the contract, the cadastral value approximated to the market value of the land plot for 1 sq.m is 58908 AMD.". - Assign the address "Bagratunyats Street, No. 15/19" to the garage located near building No. 15 on Bagratunyats 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 Staff of the Cadastre Committee of the Republic of Armenia and the relevant division of the Police of the Republic of Armenia in Yerevan city, and to the head of the Shengavit 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 Cadastre Committee of the Republic of Armenia.
- 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 placed on the head of the Shengavit administrative district of Yerevan.
- 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