Decision on extending the lease agreement for a land plot, making amendments and additions to the agreement, and providing an address.

3926-Ա11 August 2026In force

The Mayor of Yerevan has decided to extend the lease agreement for a land plot occupied by a metal kiosk until September 1, 2027. Amendments are made to the agreement, including changes to the lessee's name, the extension of the lease term, and modifications to clauses regarding termination and rent calculation. A new address is assigned to the kiosk, and relevant authorities are instructed to update their records.

Property managementAjapnyak

What was decided

Lease extendedLand plot
Extend the lease agreement No. 2904 dated July 29, 2005, for the land plot occupied by the metal kiosk in front of building 31 in block G-3, with an area of 5.0 sqm, and make amendments and additions to it.
- Beneficiary: Hranush Sahakyan
- Owner: Yerevan Municipality
Object
Nazarbekyan block, 31/5
Area
5 m²
Act amendedLease agreement
Replace the words "Samvel Klekchyan" with "Hranush Sahakyan" in the agreement.
- Beneficiary: Hranush Sahakyan
- Owner: Yerevan Municipality
Replaced lease agreement No. 2904 · In the agreement, replace the words "Samvel Klekchyan" with the words "Hranush Sahakyan".
Samvel Klekchyan
Hranush Sahakyan
Act amendedLease agreement
Add a new paragraph to clause 16 of the agreement stating that the term of the agreement has been extended until September 1, 2027.
- Beneficiary: Hranush Sahakyan
- Owner: Yerevan Municipality
Added lease agreement No. 2904 · 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, 2027.
Act amendedLease agreement
Remove the phrase "including for the implementation of capital construction in accordance with the procedure established by the legislation of the Republic of Armenia" from clause 4.2 of the agreement.
- Beneficiary: Hranush Sahakyan
- Owner: Yerevan Municipality
Deleted lease agreement No. 2904 · Remove the words "including for the implementation of capital construction in accordance with the procedure established by the legislation of the Republic of Armenia" from clause 4.2 of the agreement.
including for the implementation of capital construction in accordance with the procedure established by the legislation of the Republic of Armenia
Act amendedLease agreement
Remove the phrase "and to alienate the attached real estate to the lessor on terms determined by the parties" from clause 4.4 of the agreement.
- Beneficiary: Hranush Sahakyan
- Owner: Yerevan Municipality
Deleted lease agreement No. 2904 · Remove the words "and to alienate the attached real estate to the lessor on terms determined by the parties" from clause 4.4 of the agreement.
and to alienate the attached real estate to the lessor on terms determined by the parties.
Act amendedLease agreement
Remove the phrase "and to alienate the attached real estate to the lessor" from clause 5.5 of the agreement.
- Beneficiary: Hranush Sahakyan
- Owner: Yerevan Municipality
Deleted lease agreement No. 2904 · Remove the words "and to alienate the attached real estate to the lessor" from clause 5.5 of the agreement.
and to alienate the attached real estate to the lessor
Act amendedLease agreement
Add new clauses 6.7, 6.8, 6.9, and 6.10 to clause 6 of the agreement, detailing the lessor's rights to terminate the agreement under certain conditions, the procedure for unilateral termination, and the methods of notification.
- Beneficiary: Hranush Sahakyan
- Owner: Yerevan Municipality
Added lease agreement No. 2904 · Add new clauses 6.7, 6.8, 6.9, and 6.10 to clause 6 of the agreement with the following content:
6.7 The lessor has the right to terminate the contract in the prescribed manner, notifying the lessee one month in advance, if the purpose of using the leased land plot needs to be changed. 6.8 The lessor has the right to unilaterally terminate this agreement due to the implementation of urban development or investment programs approved by the community of Yerevan or the Yerevan Municipality, or due to the regulation of urban development issues of courtyard and inter-courtyard areas, as well as due to the implementation of other programs by or with the participation of the community of Yerevan, or due to the resolution of other public interest issues. In this case, the agreement is considered terminated or ceased on the day following the expiration of three months from the date of receipt by the lessee of the notification of unilateral termination of the agreement. 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 'c' of part 3 of Article 35 of the Law "On State Registration of Property Rights". 6.9 The parties hereby unconditionally agree that the lessor's written notification of unilateral termination of the agreement in accordance with clause 6.8 of the agreement shall be carried out simultaneously in the following three ways: a. The lessor's written notification shall be 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 shall be sent to the lessee's e-mail address (if available). c. The lessor's written notification shall be sent by postal delivery via registered mail. 6.10 The parties hereby unconditionally agree and guarantee that the notification methods specified in clause 6.9 of the agreement are considered proper and valid. Moreover, from the date of publication of the notification on the mentioned websites, the lessee is considered duly notified of the unilateral termination of the agreement. 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.
Act amendedLease agreement
Rewrite clause 8 of the agreement to state that the annual rent for the land plot is 4,978 AMD, and the cadastral value approximated to the market value is 24,889 AMD per sqm.
- Beneficiary: Hranush Sahakyan
- Owner: Yerevan Municipality
Replaced lease agreement No. 2904 · Rewrite clause 8 of the agreement as follows:
The annual rent for the land plot is 620,716 AMD. The cadastral value of the land plot, approximated to the market value at the time of concluding the agreement, is 24,889 AMD per 1 sqm.
The annual rent for the land plot is 4,978 (four thousand nine hundred seventy-eight) AMD (5.0 sqm x 24.889 x 2%) x 2. The cadastral value of the land plot, approximated to the market value at the time of concluding the agreement, is 24,889 AMD per 1 sqm.
Act amendedLease agreement
Rewrite clause 9 of the agreement to specify that in case of an increase in cadastral value or rent, the lessor must notify the lessee in writing, and the new rent will be applied no earlier than 15 days after notification. The rent will not change if the lessee notifies of early termination before the 15-day period ends.
- Beneficiary: Hranush Sahakyan
- Owner: Yerevan Municipality
Replaced lease agreement No. 2904 · Rewrite clause 9 of the agreement as follows:
In case of an increase in the cadastral value of land approximated to the market value and/or the amount of rent established by the decisions of the Council of Elders of Yerevan, the Lessor shall be obliged to notify the Lessee in writing in advance about the new value (rent). 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 case of an increase in the cadastral value of land approximated to the market value and/or the amount of rent established by the decisions of the Council of Elders of Yerevan, the Lessor shall be 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 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.
Address assignedReal estate object
Grant the address "Nazarbekyan block, 31/5" to Hranush Sahakyan for the transferred metal kiosk.
- Owner: Hranush Sahakyan
Object
Nazarbekyan block, 31/5
Cadastre action requestedReal estate object
Instruct the Real Estate Management Department of the Yerevan Municipality Administration to send information about the address of the real estate granted based on this decision to the Yerevan Territorial Unit of the State Committee of the Real Estate Cadastre of the Republic of Armenia, the relevant division of 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, Real Estate Management Department
Object
Nazarbekyan block, 31/5
Execution assignedMunicipal act
Entrust the organization of the execution and responsibility for this decision to the head of the Ajapnyak administrative district of Yerevan.
- Executor: Head of Ajapnyak administrative district
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

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

ON THE EXTENSION OF THE TERM OF THE LAND LEASE AGREEMENT,

MAKING AMENDMENTS AND ADDITIONS TO THE AGREEMENT,

AND PROVIDING AN ADDRESS

The basis for the adoption of the administrative act was the application of Hranush Sahakyan regarding the extension of the term of the lease agreement concluded for the land plot occupied by a metal kiosk located in front of building No. 31 of the G-3 district, which was transferred to her as inherited property by the certificate of the right to inheritance by law No. 6868 dated 15.05.2026.
The cadastral value of the metal kiosk located in front of building No. 31 of the G-3 district is 620,716 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 Proceedings", parts 1 of Articles 466 and 468 of the Civil Code, Decisions of the Government of the RA No. 1023-N dated June 4, 2020, and No. 2387-N dated December 29, 2005, and the Annex to Decision No. 463-N of the Yerevan City Council dated December 23, 2025:

To authorize the head of the Ajapnyak administrative district of Yerevan to conclude an agreement with Hranush Sahakyan, in the manner prescribed by legislation and on behalf of the Mayor of Yerevan, regarding the extension of the term of lease agreement No. 2904 concluded on July 29, 2005, for the 5.0 sqm land plot occupied by the metal kiosk located in front of building No. 31 of the G-3 district, and making amendments and additions therein, including the following amendments and additions to the agreement:

in the agreement, replace the words "Samvel Klekchyan" with the words "Hranush Sahakyan".
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, 2027.".

from sub-point 4.2 of the agreement, remove the words "including the implementation of capital construction in the manner prescribed by the legislation of the Republic of Armenia:".
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.
remove the words "and alienate the fixed immovable property to the lessor" from sub-point 5.5 of the contract.
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 dissolved 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 written notification of the Lessor regarding the 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 written notification of the Lessor is published on the websites of the Yerevan Municipality www.yerevan.am, as well as on the public notifications website of the Republic of Armenia www.azdarar.am,
b. The written notification of the Lessor is sent to the Lessee's email 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-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."
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 "g" 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 4,978 (four thousand nine hundred seventy-eight) AMD (5.0 sq.m x 24,889 x 2%) x 2. At the time of signing the contract, the cadastral value approximated to the market value of the land plot is 24,889 AMD per 1 sq.m."
point 9 of the contract shall be set forth in the following wording:

In cases of changes (in case of 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 about the early termination of the contract (renunciation of the contract) before the expiration of the corresponding 15-day period.":
Grant Hranush Sahakyan the address "Nazarbekyan district, h.31/5" for the transferred metal kiosk.
Instruct the Real Estate Management Department of the Yerevan Municipality Staff to send the information on the address of the real estate provided on the basis of this decision to the Yerevan territorial division of the Cadastre Committee of the Republic of Armenia and the relevant division and department of the Yerevan City Police of the Republic of Armenia, and the head of Ajapnyak administrative district within 3 working days.
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 division of the Cadastre Committee of the Republic of Armenia.
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.
The organization and responsibility for the execution of the decision shall be placed on the head of the Ajapnyak administrative district of Yerevan.
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

ARMEN PAMBUKHCHYAN

Signed by: PAMBUKHCHYAN ARMEN 3611840246