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Mayor's decisions

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

3910-ԱIn force

The decision extends the lease agreement for a land plot occupied by garage No. 9 of building No. 25 on Estonian Street. It also amends the agreement to include new clauses regarding termination, notification procedures, and updates the annual lease payment and cadastral value. The head of the Ajapnyak administrative district is authorized to sign the agreement, and the execution of the decision is entrusted to him. The First Deputy Mayor oversees the execution.

Property managementAjapnyak

What was decided

  1. Lease extendedLease agreement

    Authorize the head of the Ajapnyak administrative district to conclude an agreement with Volodya Tsaturyan, on behalf of the Mayor of Yerevan, to extend the lease agreement No. 3371 dated August 19, 2005, for the 56.0 sqm land plot occupied by garage No. 9 of building No. 25 on Estonian Street, and to make amendments and additions to it.

    • Counterparty: Volodya Tsaturyan
    • Owner: Yerevan Municipality
    Object
    Estonian Street, building 25, garage 9
    Cadastral code
    06072026-01-0083
    Area
    56 m²
  2. Act amendedLease agreement

    Amend the lease agreement by adding a new paragraph to clause 16 stating that the term of the agreement has been extended until September 1, 2031.

    Added lease agreement No. 3371 · Clause 16

    (Clause 16 of the agreement is supplemented with a new paragraph)

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

  3. Act amendedLease agreement

    Amend the lease agreement by deleting specific words from sub-clause 4.2.

    Deleted lease agreement No. 3371 · Sub-clause 4.2

    Remove the words "including carrying out capital construction in the manner established by the legislation of the Republic of Armenia"

  4. Act amendedLease agreement

    Amend the lease agreement by deleting specific words from sub-clause 4.4.

    Deleted lease agreement No. 3371 · Sub-clause 4.4

    Remove the words "and alienate the attached real estate to the lessor on terms determined by the parties."

  5. Act amendedLease agreement

    Amend the lease agreement by deleting specific words from sub-clause 5.5.

    Deleted lease agreement No. 3371 · Sub-clause 5.5

    Remove the words "and alienate the attached real estate to the lessor"

  6. Act amendedLease agreement

    Amend the lease agreement by adding new sub-clauses 6.7, 6.8, 6.9, and 6.10 regarding the lessor's right to terminate the agreement under certain conditions, the procedure for unilateral termination, and the methods of notification.

    Added lease agreement No. 3371 · Clause 6

    Add new sub-clauses 6.7, 6.8, 6.9, and 6.10 to clause 6.

  7. Act amendedLease agreement

    Amend clause 8 of the lease agreement to reflect the updated annual lease payment and cadastral value per square meter.

    Replaced lease agreement No. 3371 · Clause 8

    Clause 8 is amended to state the annual lease payment is 21,442 AMD, based on a cadastral value of 38,290 AMD per sqm.

  8. Act amendedLease agreement

    Amend clause 9 of the lease agreement regarding notification procedures and timelines for changes in cadastral value or rent.

    Replaced lease agreement No. 3371 · Clause 9

    Clause 9 is amended to state that in case of an increase in the cadastral value or rent, the lessor must notify the lessee in writing at least 15 days in advance. The rent will not change if the lessee notifies the lessor of early termination before the 15-day period expires.

  9. Cadastre action requestedMunicipal act

    Take note that the agreement mentioned in the first point of this decision is subject to state registration at the relevant department of the State Committee of the Real Estate Cadastre of the Republic of Armenia.

    • Executor: Yerevan Municipality
  10. Execution assignedMunicipal act

    Entrust the organization and responsibility for the execution of this decision to the head of the Ajapnyak administrative district of Yerevan.

    • Executor: Ajapnyak administrative district of Yerevan
  11. Oversight assignedMunicipal act

    Ensure control over the execution of this decision by the First Deputy Mayor of Yerevan, Armen Pambukhchyan.

    • Oversight: Armen Pambukhchyan

Full text

YEREVAN CITY MAYOR'S DECISION

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

ON EXTENDING THE TERM OF THE LEASE AGREEMENT CONCLUDED FOR THE LAND PLOT, AND MAKING AMENDMENTS AND ADDITIONS TO THE AGREEMENT

The basis for the adoption of the administrative act was the application of Volodya Tsaturyan to extend the term of the lease agreement concluded for the land plot occupied by garage No. 9 of building No. 25 on Estonian Street, owned by him by right of ownership (state registration certificate of rights to immovable property No. 06072026-01-0083).

The cadastral value of garage No. 9 of building No. 25 on Estonian Street is 3,602,034 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 Ajapnyak administrative district of Yerevan to conclude an agreement with Volodya Tsaturyan, on behalf of the Mayor of Yerevan, in accordance with the procedure established by law, on extending the term of lease agreement No. 3371 concluded on August 19, 2005, for the land plot with an area of 56.0 sq.m. occupied by garage No. 9 of building No. 25 on Estonian Street, 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."

  2. Remove the words "including to carry out capital construction in accordance with the procedure established by the legislation of the Republic of Armenia" from sub-point 4.2. of the agreement.

  3. remove the words "and alienate the fixed immovable property to the lessor under terms to be determined between the parties." from sub-point 4.4 of the contract.

  4. 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 issues 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 or expired 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 void 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 notification of unilateral withdrawal from the contract in accordance with sub-point 6.8 of the contract shall be carried out simultaneously by the following three methods:
    a. The lessor's written notification is published on the websites www.yerevan.am of the Yerevan Municipality, as well as www.azdarar.am of public notifications of the Republic of Armenia,
    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 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 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 of the land plot, in accordance with paragraph "d" of sub-point 1 of point 40 of the annex to decision No. 463-N of December 23, 2025, of the Yerevan City Council, amounts to 21,442 (twenty-one thousand four hundred forty-two) AMD (56.0 sq.m x 38,290 x 1%). At the time of concluding the contract, the cadastral value approximated to the market value of the land plot is 38,290 AMD per 1 sq.m."

  1. Point 9 of the contract shall be reworded as follows: "9. In cases of changes (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 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 (renunciation of the contract) before the expiration of the corresponding 15-day period."
  2. Take note that the agreement mentioned in point 1 of this decision is subject to state registration in the relevant 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 assigned to the head of the Ajapnyak 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