Extending the term of the lease agreement for the land plot and making amendments and additions to the agreement.

3919-Ա11 August 2026In force

This decision extends the lease term for a land plot occupied by garage No. 2 of building 85 on G. Sherami Street and makes amendments to the lease agreement. The amendments include changing the tenant's name, extending the lease term until September 1, 2031, removing certain clauses related to construction and alienation of property, adding new clauses regarding unilateral termination by the lessor and notification procedures, adjusting the annual rent calculation, and updating cadastral information. The head of the Malatia-Sebastia administrative district is authorized to sign the agreement.

Property managementMalatia-Sebastia

What was decided

Lease extendedLand plot
Authorize the head of the Malatia-Sebastia administrative district of Yerevan, Sasha Katvalyan, to conclude an agreement on behalf of the Mayor of Yerevan with Kristine Gutyar to extend the term of the lease agreement No. 2970 dated September 9, 2004, for the land plot of 17.6 sqm occupied by garage No. 2 of building 85 on G. Sherami Street, and to make amendments and additions to it.
- Counterparty: Kristine Gutyar
- Executor: Sasha Katvalyan
Object
G. Sherami Street, building 85, apartment 2, garage
Cadastral code
900055040068
Area
17.6 m²
Act amendedLease agreement
Replace the words "Silva Bareyan" with "Kristine Gutyar" in the contract.
Replaced lease agreement No. 2970 · in the contract
Silva Bareyan
Replace the words "Silva Bareyan" with "Kristine Gutyar" in the contract.
Act amendedLease agreement
Add a new paragraph to clause 16 of the contract: "Based on the agreement concluded between the parties, the term of the contract has been extended until September 1, 2031".
Added lease agreement No. 2970 · clause 16
Add a new paragraph to clause 16 of the contract with the following content: "Based on the agreement concluded between the parties, the term of the contract has been extended until September 1, 2031".
Act amendedLease agreement
Remove the words "(including capital construction in accordance with the procedure established by the legislation of the Republic of Armenia)" from sub-clause 4.2 of the contract.
Deleted lease agreement No. 2970 · sub-clause 4.2
Remove the words "(including capital construction in accordance with the procedure established by the legislation of the Republic of Armenia)" from clause 4.2.
Act amendedLease agreement
Remove the words "and to alienate the attached real estate to the Lessor on terms determined by the parties" from sub-clause 4.4 of the contract.
Deleted lease agreement No. 2970 · sub-clause 4.4
Remove the words "and to alienate the attached real estate to the Lessor on terms determined by the parties" from sub-clause 4.4.
Act amendedLease agreement
Remove the words "and to alienate the attached real estate to the Lessor" from sub-clause 5.5 of the contract.
Deleted lease agreement No. 2970 · sub-clause 5.5
Remove the words "and to alienate the attached real estate to the Lessor" from sub-clause 5.5.
Act amendedLease agreement
Add new sub-clauses 6.7, 6.8, 6.9, and 6.10 to clause 6 of the contract.
Added lease agreement No. 2970 · clause 6
Add new sub-clauses 6.7, 6.8, 6.9, and 6.10 to clause 6 of the contract 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 terminate the contract in the prescribed manner, having previously notified the Lessee one month in advance." "6.8. Due to the implementation of urban planning or investment programs approved by the community of Yerevan or the Yerevan Municipality, or the regulation of urban planning issues of courtyard and inter-courtyard areas, 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 withdraw from this contract, in which case the contract 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 withdrawal from the contract, and the state registration of the lease right arising from this contract is recognized as invalid based on subparagraph 'c' 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. The parties hereby unconditionally agree that the written notification of the Lessor's unilateral withdrawal from the contract in accordance with sub-clause 6.8 of the contract is carried out simultaneously in the following three ways: a) The Lessor's written notification is published on the official website of the Yerevan Municipality www.yerevan.am, as well as on the website of public notifications 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 mail." "6.10. The parties hereby unconditionally agree and guarantee that the notification methods specified in sub-clause 6.9 of the contract are considered proper and valid. Moreover, from the day of publication of the notification on the mentioned websites, the Lessee is considered duly notified of the unilateral withdrawal from the contract. The Lessee unconditionally agrees that following the websites www.yerevan.am and www.azdarar.am throughout the entire term of the contract is its uninterrupted and under no circumstances interrupted contractual obligation."
Act amendedLease agreement
Rewrite clause 8 of the contract as follows: "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 6739 (six thousand seven hundred thirty-nine) AMD (17.6 sqm x 38290 AMD x 1%). At the time of concluding the contract, the cadastral value of the land plot, approximated to the market value, is 38290 AMD per 1 sqm."
Replaced lease agreement No. 2970 · clause 8
Rewrite clause 8 of the contract as follows: "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 6739 (six thousand seven hundred thirty-nine) AMD (17.6 sqm x 38290 AMD x 1%). At the time of concluding the contract, the cadastral value of the land plot, approximated to the market value, is 38290 AMD per 1 sqm."
Act amendedLease agreement
Rewrite clause 9 of the contract as follows: "9. In case of changes (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 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 contract 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 contract (withdrawal from the contract) before the end of the corresponding 15-day period."
Replaced lease agreement No. 2970 · clause 9
Rewrite clause 9 of the contract as follows: "9. In case of changes (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 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 contract 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 contract (withdrawal from the contract) before the end of the corresponding 15-day period."
Act amendedLease agreement
Replace the number "900015211072" in clause 12 with "900055040068".
Replaced lease agreement No. 2970 · clause 12
Replace the number "900015211072" in clause 12 with "900055040068".
Cadastre action requestedReal estate object
Take note that the right arising from the agreement mentioned in point 1 of this decision is subject to state registration in the relevant unit of the State Committee of the Real Estate Cadastre of the Republic of Armenia.
- Owner: Kristine Gutyar
Object
G. Sherami Street, building 85, apartment 2, garage
Cadastral code
900055040068
Area
17.6 m²
Execution assignedMunicipal act
Organize the execution of the decision and place the responsibility on the head of the Malatia-Sebastia administrative district of Yerevan.
- Executor: Sasha Katvalyan
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

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

The basis for the adoption of the administrative act was the application of Kristine Gutyar on extending the term of the lease agreement concluded for the land occupied by garage No. 2 of building 85, G. Sheram Street (certificate of ownership (use) right of immovable property registration No. 2775449 dated 06.07.2010), and making amendments and additions to the agreement.

The cadastral value of garage No. 2 of building 85, G. Sheram Street, is 1,160,739 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 Principles 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.

Authorize Sasha Katvalyan, Head of Malatia-Sebastia administrative district of Yerevan, to conclude an agreement with Kristine Gutyar, on behalf of the Mayor of Yerevan, in accordance with the procedure established by law, on extending the term of lease agreement No. 2970 concluded on September 9, 2004, for the land plot with an area of 17.6 sq.m. occupied by garage No. 2 of building 85, G. Sheram Street, and making amendments and additions thereto, including the following amendments and additions to the agreement:

replace the words "Silva Bareyan" with the words "Kristine Gutyar" in the agreement.
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."

remove the words "(including capital construction to be carried out in accordance with the procedure established by the legislation of the Republic of Armenia)" from sub-point 4.2. of the agreement.))
in sub-point 4.4. of the contract, remove the words "and alienate the fixed immovable property to the "Lessor" under conditions to be determined between the parties".
in sub-point 5.5. of the contract, remove the words "and alienate the fixed immovable property to the "Lessor",".
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, by notifying the lessee one month in advance, to withdraw from the contract in the prescribed manner.".
"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 issues of public importance, in which 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" on the basis of the Lessor's application.".
"6.9. Hereby the parties unconditionally agree that the Lessor's written notice 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 notice is published on the websites of the Yerevan Municipality 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.".
"6.10. 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 day 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 period of validity of the contract, monitoring the websites www.yerevan.am and www.azdarar.am is his continuous contractual obligation, uninterrupted by any circumstances.".
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 annex to decision No. 463-N of December 23, 2025, of the Yerevan City Council, amounts to 6739 (six thousand seven hundred thirty-nine) AMD (17.6 sq.m x 38290 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 38290 drams.".
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." 9) In point 12 of the contract, replace the number "900015211072" with the number "900055040068". 2. Take into account that the right arising from the agreement mentioned in point 1 of this decision is subject to state registration in the relevant subdivision of the Cadastre Committee of the Republic of Armenia. 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 Malatia-Sebastia 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