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Mayor's decisions

Decision to extend the lease term of the land plot and make amendments and additions to the contract.

3949-ԱIn force

This decision extends the lease term of a land plot located at 1 M. Khorenatsi St., Building 12, Garage 2, Yerevan, occupied by Gor Pivasian. The lease agreement, originally concluded on 24.02.1999, is amended to reflect the new tenant, extend the term until September 1, 2031, and update financial and procedural clauses. The annual rent is set at 38,932 AMD. The decision also mandates state registration of the associated rights and assigns responsibility for its execution and oversight.

Property managementKentron

What was decided

  1. Lease extendedLand plot

    Authorize the head of the Kentron administrative district of Yerevan to conclude an agreement with Gor Pivasian on behalf of the Mayor of Yerevan to extend the lease term of the land plot occupied by garage 2 of building 12 on M. Khorenatsi Street, concluded on 24.02.1999 under lease agreement PB-2120 06/1936, and to make amendments and additions to it.

    • Owner: Yerevan Municipality
    • Beneficiary: Gor Pivasian
    Object
    1 M. Khorenatsi St., Building 12, Garage 2, Yerevan
    Cadastral code
    08052019-01-0175
    Area
    18.15 m²
  2. Act amendedLease agreement

    Amend the contract by replacing the words "Anna Yeganyan" with "Gor Pivasian".

    • Owner: Yerevan Municipality
    • Beneficiary: Gor Pivasian

    Replaced PB-2120 06/1936 · Contract

    Anna Yeganyan

    Replace the words "Anna Yeganyan" with "Gor Pivasian" in the contract.

  3. Act amendedLease agreement

    Add a new paragraph to clause 19 of the contract: "Based on the agreement concluded between the parties, the term of the contract has been extended until September 1, 2031".

    • Owner: Yerevan Municipality
    • Beneficiary: Gor Pivasian

    Added PB-2120 06/1936 · Clause 19

    Add a new paragraph to clause 19 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".

  4. Act amendedLease agreement

    Rewrite clause 4 of the contract as follows: "4. The cadastral value of the land plot, approximated to the market value, is 214,500 AMD per square meter."

    • Owner: Yerevan Municipality
    • Beneficiary: Gor Pivasian

    Replaced PB-2120 06/1936 · Clause 4

    Rewrite clause 4 of the contract as follows: "4. The cadastral value of the land plot, approximated to the market value, is 214,500 AMD per square meter."

  5. Act amendedLease agreement

    Add new sub-clauses 7.6, 7.7, 7.8, and 7.9 to clause 7 of the contract regarding the lessor's right to terminate the contract under certain conditions and the procedure for notification.

    • Owner: Yerevan Municipality
    • Beneficiary: Gor Pivasian

    Added PB-2120 06/1936 · Clause 7

    Add new sub-clauses 7.6, 7.7, 7.8, and 7.9 to clause 7 of the contract 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 terminate the contract in the prescribed manner, having informed the lessee one month in advance." "7.7 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 contract, in which case the contract is considered terminated or ceased on the day following the expiry of three months from the date of receipt by the lessee of the notification of unilateral termination of this contract by the lessor, and the state registration of the lease right arising from this contract is recognized as invalid based on the application of the lessor, in accordance with subparagraph c) of part 3 of Article 35 of the Law "On State Registration of Property Rights". "7.8 The parties hereby unconditionally agree that the written notification of the lessor on unilateral termination of the contract in accordance with clause 7.7 of the contract is carried out simultaneously in the following three 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 by registered mail." "7.9 The parties hereby unconditionally agree and guarantee that the notification methods specified in clause 7.8 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 termination of 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 continuous and uninterrupted contractual obligation under any circumstances."

  6. Act amendedLease agreement

    Rewrite clause 9 of the contract to specify the annual rent and the cadastral value per square meter.

    • Owner: Yerevan Municipality
    • Beneficiary: Gor Pivasian

    Replaced PB-2120 06/1936 · Clause 9

    Rewrite clause 9 of the contract as follows: "9. The annual rent for the land plot is 38,932 (thirty-eight thousand nine hundred thirty-two) AMD, in accordance with subparagraph d) of clause 40 of the appendix to decision No. 463-N of the Yerevan City Council dated December 23, 2025 (18.15 sq.m. x 214,500 AMD x 1%). At the time of concluding the contract, the cadastral value of the land plot, approximated to the market value, is 214,500 AMD per square meter."

  7. Act amendedLease agreement

    Rewrite clause 10 of the contract to specify the procedure for changing the rent amount in case of changes in cadastral value or rent decisions.

    • Owner: Yerevan Municipality
    • Beneficiary: Gor Pivasian

    Replaced PB-2120 06/1936 · Clause 10

    Rewrite clause 10 of the contract as follows: "10. In case of changes (increase) in the cadastral value of land approximated to market value and/or the amount of rent established by decisions of the Yerevan City Council, the Lessor shall 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 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 notifies the Lessor of the early termination of the contract (termination of the contract) before the end of the respective 15-day period."

  8. Cadastre action requestedLease agreement

    Take note that the right arising from the agreement specified in point 1 of this decision is subject to state registration in the relevant department of the State Committee of the Real Estate Cadastre of Armenia.

    • Executor: State Committee of the Real Estate Cadastre of Armenia
    • Owner: Yerevan Municipality
    • Beneficiary: Gor Pivasian
  9. Execution assignedOther

    Organize and take responsibility for the execution of this decision.

    • Executor: Kentron Administrative District Head of Yerevan
  10. Oversight assignedOther

    Ensure control over the execution of this decision.

    • 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

Gor Pivazyan's application to extend the term of the lease agreement concluded for the land occupied by the garage (state registration certificate of rights to immovable property dated 08.05.2019, №08052019-01-0175) at M. Khorenatsi building №12, garage №2, served as the basis for the adoption of the administrative act.

The cadastral value of the garage at M. Khorenatsi building №12, garage №2, is 1,805,462 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 №1023-N of the Government of the Republic of Armenia dated June 4, 2020, and the appendix to Decision №463-N of the Yerevan City Council dated December 23, 2025.

  1. Authorize the Head of the Kentron administrative district of Yerevan to conclude an agreement on behalf of the Mayor of Yerevan with Gor Pivazyan, in accordance with the procedure established by law, on extending the term of the lease agreement PB-2120 06/1936 concluded on February 24, 1999, for the land plot with an area of 18.15 sq.m. occupied by the garage at M. Khorenatsi building №12, garage №2, and making amendments and additions thereto, including the following amendments and additions to the agreement:
  1. replace the words "Anna Yeganyan" with the words "Gor Pivazyan" in the agreement.
  2. 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."

  1. set out point 4 of the agreement in the following wording:

"4. The cadastral value of the land plot, approximated to the market value, is 214,500 AMD per 1 sq.m."

  1. to 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 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, the Lessor has the right to unilaterally withdraw from this contract, in which case the contract is considered terminated or 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 lease right arising from this contract is recognized as invalid on the basis of the Lessor's application 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"."
    "7.8 Hereby the parties unconditionally agree that the Lessor's written notice of unilateral withdrawal from the contract in accordance with sub-point 7.7 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."
    "7.9 Hereby the parties 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 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 and uninterrupted contractual obligation under any circumstances."
  2. to set out point 9 of the contract in the following wording:
    "9. 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 Council of Elders of Yerevan, amounts to 38,932 (thirty-eight thousand nine hundred thirty-two) AMD (18.15 sq.m x 214,500 AMD x 1%). At the time of concluding the contract, the cadastral value of the land plot approximated to the market value for 1 sq.m is 214,500 AMD."
  3. to 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 Council of Elders of Yerevan, the Lessor is obliged to notify in writing in advance about the new value (rent)

to inform the Tenant. In case of an increase in the cadastral value of the land approximated to the market value and (or) the rent, the calculated rent amount shall be applicable (the contract shall be considered amended) no earlier than 15 days after written notification thereof. The rent shall not change if the Tenant has notified the Landlord of the early termination of the contract (withdrawal from the contract) before the expiration of the corresponding 15-day period."."
2. Take note that the right arising from the agreement mentioned in point 1 of this decision is subject to state registration in the relevant department 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 Kentron 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