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Decision on extending the term of the lease agreement for the land plot, making changes and additions to the agreement, and providing an address

3929-ԱIn force

This decision extends the lease agreement for a land plot occupied by a garage, makes several amendments to the agreement, and assigns a new address to the garage. The lease term is extended until September 1, 2031. Changes include modifications to clauses regarding construction, alienation of property, and termination procedures. The annual rent is set at AMD 21,147.

Property managementAjapnyak

What was decided

  1. Lease extendedLease agreement

    To extend the term of the lease agreement No. 3367 concluded on August 19, 2005, for the land plot occupied by the garage located adjacent to building 22b on Halabyan Street, until September 1, 2031.

    • Counterparty: Vahram Shahbazyan
    • Owner: Yerevan Municipality
    Object
    Halabyan Street, building 22b, adjacent area
    Area
    35.9 m²

    Replaced lease agreement No. 3367 · Clause 16

    The term of the lease agreement concluded on August 19, 2005, contract No. 3367

    until September 1, 2031

  2. Act amendedLease agreement

    Amend the lease agreement No. 3367 by deleting the words "including capital construction in accordance with the procedure established by the legislation of the Republic of Armenia" from sub-clause 4.2.

    • Counterparty: Vahram Shahbazyan
    • Owner: Yerevan Municipality

    Deleted lease agreement No. 3367 · Sub-clause 4.2 of the agreement

    including capital construction in accordance with the procedure established by the legislation of the Republic of Armenia

    Delete the words "including capital construction in accordance with the procedure established by the legislation of the Republic of Armenia"

  3. Act amendedLease agreement

    Amend lease agreement No. 3367 by deleting from sub-clause 4.4 the words "and to alienate the attached real estate to the lessor on terms determined by the parties."

    • Counterparty: Vahram Shahbazyan
    • Owner: Yerevan Municipality

    Deleted lease agreement No. 3367 · Sub-clause 4.4 of the agreement

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

    Delete the words "and to alienate the attached real estate to the lessor on terms determined by the parties." from sub-clause 4.4

  4. Act amendedLease agreement

    Amend lease agreement No. 3367 by deleting from sub-clause 5.5 the words "and to alienate the attached real estate to the lessor".

    • Counterparty: Vahram Shahbazyan
    • Owner: Yerevan Municipality

    Deleted lease agreement No. 3367 · Sub-clause 5.5 of the agreement

    and to alienate the attached real estate to the lessor

    Delete the words "and to alienate the attached real estate to the lessor" from sub-clause 5.5

  5. Act amendedLease agreement

    Amend lease agreement No. 3367 by adding new sub-clauses 6.7, 6.8, 6.9, and 6.10 to clause 6, detailing the lessor's right to terminate the agreement under certain conditions, including urban development projects, and outlining the notification procedures.

    • Counterparty: Vahram Shahbazyan
    • Owner: Yerevan Municipality

    Added lease agreement No. 3367 · Clause 6

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

  6. Act amendedLease agreement

    Amend clause 8 of lease agreement No. 3367 to reflect the annual rent and cadastral value per square meter.

    • Counterparty: Vahram Shahbazyan
    • Owner: Yerevan Municipality

    Replaced lease agreement No. 3367 · Clause 8

    Clause 8: The annual rent for the land plot is AMD 21,147 (twenty-one thousand one hundred forty-seven) (35.9 sqm x 58,908 x 1%), in accordance with sub-clause d) of clause 1 of the appendix to decision No. 463-N of the Council of Elders of Yerevan dated December 23, 2025. The cadastral value of the land plot, approximated to the market value at the time of concluding the agreement, is AMD 58,908 per square meter.

    Clause 8: The annual rent for the land plot is AMD 21,147 (twenty-one thousand one hundred forty-seven) (35.9 sqm x 58,908 x 1%), in accordance with sub-clause d) of clause 1 of the appendix to decision No. 463-N of the Council of Elders of Yerevan dated December 23, 2025. The cadastral value of the land plot, approximated to the market value at the time of concluding the agreement, is AMD 58,908 per square meter.

  7. Act amendedLease agreement

    Amend clause 9 of lease agreement No. 3367 to specify the procedure and timeline for notifying the lessee about changes in land cadastral value or rent, and the conditions under which the rent is not changed.

    • Counterparty: Vahram Shahbazyan
    • Owner: Yerevan Municipality

    Replaced lease agreement No. 3367 · Clause 9

    Clause 9: 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 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 notifies the Lessor of the early termination of the agreement (refusal of the agreement) before the end of the respective 15-day period.

    Clause 9: 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 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 notifies the Lessor of the early termination of the agreement (refusal of the agreement) before the end of the respective 15-day period.

  8. Address assignedReal estate object

    Grant the address "K. Halabyan Street, 24/15" to the garage belonging to Vahram Shahbazyan.

    • Owner: Vahram Shahbazyan
    • Executor: Yerevan Municipality
    Object
    K. Halabyan Street, 24/15
  9. Cadastre action requestedReal estate object

    Instruct the Department of Real Estate Management of the Yerevan Municipality Administration to send information regarding the address assigned to the real estate, based on this decision, to the relevant territorial unit of the State Committee of the Real Estate Cadastre of the Republic of Armenia, the Yerevan City Department of the Police of the Republic of Armenia, and the head of the Ajapnyak administrative district within 3 working days.

    • Executor: Yerevan Municipality Administration Department of Real Estate Management
    • Executor: State Committee of the Real Estate Cadastre of the Republic of Armenia
    • Executor: Police of the Republic of Armenia, Yerevan City Department
    • Executor: Ajapnyak administrative district head
    Object
    K. Halabyan Street, 24/15
  10. Execution assignedMunicipal act

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

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

    The first deputy mayor of Yerevan, Armen Pambukhchyan, ensures control over the execution of this decision.

    • Oversight: A. Pambukhchyan

Full text

MAYOR OF YEREVAN

DECISION

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

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

grounds for adopting the administrative act was Vahram Shahbazyan's application to extend the term of the lease agreement concluded for the land plot occupied by the garage (certificate of ownership/use right of immovable property registration h.1979233 dated 23.08.2005) located in the area adjacent to building h.22b on Halabyan Street, which he owns by right of ownership.

The cadastral value of the garage located in the area adjacent to building h.22b on Halabyan Street is 2,366,793 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, Decisions h.1023-N of June 4, 2020, and h.2387-N of December 29, 2005, of the Government of the Republic of Armenia, and the appendix to Decision h. 463-N of December 23, 2025, of the Council of Elders of Yerevan:

  1. Authorize the Head of Ajapnyak administrative district of Yerevan to conclude an agreement with Vahram Shahbazyan, on behalf of the Mayor of Yerevan, in the manner prescribed by law, on extending the term of lease agreement h.3367 concluded on August 19, 2005, for the land plot with an area of 35.9 sq.m. occupied by the garage located in the area adjacent to building h.22b on Halabyan 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.".

  1. Remove the words "including carrying out capital construction in the manner prescribed by the legislation of the Republic of Armenia" from sub-point 4.2. of the agreement.

  2. remove the words "and alienate the fixed real estate to the lessor under terms to be determined between the parties." from sub-point 4.4 of the contract.

  3. remove the words "and alienate the fixed real estate to the lessor" from sub-point 5.5 of the contract.

  4. 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 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 expired 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", based on the application of the lessor."
    "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 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 e-mail 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 date 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 term of the contract, monitoring the websites www.yerevan.am and www.azdarar.am is his continuous and uninterrupted contractual obligation under any circumstances."

  5. 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 21,147 (twenty-one thousand one hundred forty-seven) AMD (35.9 sq.m x 58,908 x 1%). At the time of concluding the contract, the cadastral value approximated to the market value of the land plot is 58,908 AMD per 1 sq.m."

  6. point 9 of the contract shall be set forth in the following wording:

  1. "In cases of changes (increase) in the cadastral value of 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 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 of the early termination of the contract (withdrawal from the contract) before the expiration of the corresponding 15-day period."
  2. Assign the address "K. Halabyan street, h.24/15" to the garage belonging to Vahram Shahbazyan.
  3. Instruct the Real Estate Management Department of the Yerevan Municipality 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 Cadastre Committee of the Republic of Armenia and the corresponding division and department of the Yerevan City Police of the Republic of Armenia, and to the head of the Ajapnyak administrative district.
  4. 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.
  5. 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.
  6. The organization and responsibility for the execution of the decision shall be placed on the head of the Ajapnyak administrative district of Yerevan.
  7. 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