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Mayor's decisions

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

4049-ԱIn force

This decision extends the lease agreement for a land plot occupied by a garage located at garage 6, building 7, 4th lane of Vratsakan Street. The lease term is extended until September 1, 2031. Amendments are made to the agreement, including changes to clauses regarding unilateral termination by the lessor and notification procedures. The annual rent is set at 23,926 AMD, with provisions for recalculation based on market value and rent changes. The decision also mandates state registration of the resulting right and assigns responsibility for execution and oversight.

Property managementArabkir

What was decided

  1. Lease extendedLease agreement

    To authorize the head of the Arabkir administrative district of Yerevan to conclude an agreement with Greta Khachatryan, on behalf of the Mayor of Yerevan, to extend the term of the lease agreement No. 5686 dated 19.08.2005 for the land plot of 26.4 sqm occupied by garage 6, building 7, 4th lane of Vratsakan Street, and to make amendments and additions to it.

    • Counterparty: Greta Khachatryan
    • Owner: Yerevan Municipality
    Object
    Garage 6, building 7, 4th lane of Vratsakan Street
    Area
    26.4 m²
  2. Act amendedLease agreement

    Add a new paragraph to clause 16 of the agreement with the following content: "The term of the agreement has been extended until September 1, 2031, based on the agreement concluded between the parties."

    Added lease agreement No. 5686 · Clause 16

    The term of the agreement has been extended.

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

  3. Act amendedLease agreement

    Remove the words "and transfer the attached real estate to the lessor" from sub-clause 5.5 of the agreement.

    Deleted lease agreement No. 5686 · Sub-clause 5.5

    and transfer the attached real estate to the lessor

  4. Act amendedLease agreement

    Add new sub-clauses 6.8, 6.9, and 6.10 to clause 6 of the agreement with the following content: [content of sub-clauses]

    • Owner: Yerevan Municipality
    • Owner: Greta Khachatryan

    Added lease agreement No. 5686 · Clause 6

    6.8 The lessor has the right to unilaterally withdraw from this agreement, in which case the agreement is considered terminated (ceased) on the day following the expiration of three months from the date of receipt of the notification of unilateral withdrawal from the agreement 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 part 3 of Article 35 of the Law "On State Registration of Rights to Property". 6.9 The parties unconditionally agree that the written notification of unilateral withdrawal from the agreement in accordance with sub-clause 6.8 of the agreement is carried out simultaneously in the following 3 ways: a) The written notification of the lessor 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 written notification of the lessor is sent to the lessee's e-mail address/mail, if available, c) The written notification of the lessor 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 agreement are proper and valid. Moreover, the lessee is considered duly notified of the unilateral withdrawal from the agreement from the day of publication of the notification on the mentioned websites. The lessee unconditionally agrees that following the websites www.yerevan.am and www.azdarar.am throughout the term of the agreement is its continuous and uninterrupted contractual obligation under any circumstances.

  5. Act amendedLease agreement

    Rewrite clause 8 of the agreement as follows: [new text of clause 8]

    Replaced lease agreement No. 5686 · Clause 8

    The annual rent for the land plot is [amount] AMD. The cadastral value of the land, approximated to the market value at the time of concluding the agreement, is [amount] AMD per 1 sqm.

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

  6. Act amendedLease agreement

    Rewrite clause 9 of the agreement as follows: [new text of clause 9]

    Replaced lease agreement No. 5686 · Clause 9

    In cases of change (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 agreement 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 agreement (refusal of the agreement) before the end of the corresponding 15-day period.

    In cases of change (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 agreement 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 agreement (refusal of the agreement) before the end of the corresponding 15-day period.

  7. Cadastre action requestedLease agreement

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

    • Executor: State Real Estate Cadastre Committee
  8. Execution assignedOther

    Organize the execution of this decision and the responsibility for it shall be entrusted to the head of the Arabkir administrative district of Yerevan.

    • Executor: Arabkir administrative district of Yerevan
  9. Oversight assignedOther

    Control over the execution of this decision is carried out by the First Deputy Mayor of Yerevan, A. Pambukhchyan.

    • Oversight: A. Pambukhchyan

Full text

DECISION OF THE MAYOR OF YEREVAN

Republic of Armenia, 0015, Yerevan, 1 Argishti St.
№____________ « » 2026

ON THE EXTENSION OF 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 Greta Khachatryan regarding the extension of the term of the lease agreement concluded for the land plot occupied by garage No. 6 of building No. 7, 4th Lane of Vratsakan Street (certificate of registration of the right of ownership (use) of real estate dated 22.11.2011, No. 2853185).

The cadastral value of garage No. 6 of building No. 7, 4th Lane of Vratsakan Street, amounts to 2,508,453 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 Fundamentals of Administration and Administrative Proceedings", 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 Annex to Decision No. 463-N of the Yerevan City Council dated December 23, 2025:

  1. To authorize the head of the Arabkir administrative district of Yerevan to conclude, in accordance with the procedure established by legislation, on behalf of the Mayor of Yerevan, an agreement with Greta Khachatryan on the extension of the term of lease agreement No. 5686 concluded on 19.08.2005 for the land plot with an area of 26.4 sqm occupied by garage No. 6 of building No. 7, 4th Lane of Vratsakan Street, and on making amendments and additions thereto, by including the following amendments and additions in the agreement:
  1. to supplement clause 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 alienate the fixed immovable property to the lessor" from sub-point 5.5 of the contract. 3) 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 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 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 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 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 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 day of publication of the notice on the mentioned 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." 4) point 8 of the contract shall be set forth in the following wording: "8. The annual rent for the land plot, in accordance with sub-point d) of point 1 of sub-point 40 of the appendix to decision No. 463-N of December 23, 2025, of the Council of Elders of Yerevan, 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 approximated to the market value of the land plot is 90628 AMD per 1 sq.m." 5) point 9 of the contract shall be set forth in the following wording:
  1. 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). In case of an increase in the cadastral value of the land approximated to the 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 has notified the Lessor about the early termination of the contract (renunciation of the contract) before the expiration of the corresponding 15-day period."։
  2. Take into account that the right arising from the agreement mentioned in the first point of this decision is subject to state registration in the relevant territorial 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 placed on the head of the Arabkir administrative district of Yerevan.
  5. Control over the implementation of this decision is carried out by the First Deputy Mayor of Yerevan, A. Pambukhchyan.

TIGRAN AVINYAN