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Decision on extending the term of the land lease agreement, making amendments and additions to the agreement, and providing an address.

4007-ԱIn force

This decision extends the lease agreement for a land plot occupied by a garage located in the yard of building 31a, Khanchyan Street. It also makes several amendments to the agreement, including changing the lessee's name, extending the lease term until September 1, 2031, modifying specific clauses, and updating rent payment details. A new address is assigned to the garage, and relevant authorities are instructed to update the information.

Property managementKentron

What was decided

  1. Lease extendedLease agreement

    Authorize the head of the Kentron administrative district to conclude an agreement with Gagik Gevorgyan to extend the term of the lease agreement #1456/GA dated 15.11.2002 for the land plot occupied by the garage in the yard of building 31a, Khanchyan Street, and to make amendments and additions to it, including replacing "G. Derdzyan" with "Gagik Gevorgyan", adding a new paragraph to clause 16 extending the term until September 1, 2031, removing certain phrases from clauses 4.2, 4.4, and 5.5, and adding new clauses 6.7, 6.8, 6.9, and 6.10, and amending clause 8 regarding the annual rent and clause 9 regarding changes in cadastral value and rent, and replacing the number in clause 12.

    • Counterparty: Gagik Gevorgyan
    • Owner: Yerevan Municipality
    Object
    31/8 A. Khanchyan Street
    Cadastral code
    24082022-01-0259
    Area
    20 m²

    Replaced Lease agreement #1456/GA dated 15.11.2002 · Clause 16

    The term of the lease agreement

    Until September 1, 2031

  2. Address assignedReal estate object

    Grant the address "31/8 A. Khanchyan Street" to the garage belonging to Gagik Gevorgyan.

    • Owner: Gagik Gevorgyan
    Object
    31/8 A. Khanchyan Street
  3. 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 Department of the State Committee of the Real Estate Cadastre of the Republic of Armenia, the relevant division and department of the Yerevan Police Department, and the head of the Kentron administrative district within 3 working days.

    • Executor: Yerevan Municipality Administration Real Estate Management Department
  4. Execution assignedMunicipal act

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

    • Executor: Head of Kentron administrative district
  5. Oversight assignedMunicipal act

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

    • Oversight: A. 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,
AND PROVIDING AN ADDRESS

The basis for the adoption of the administrative act was the application of Gagik Gevorgyan, p/a Vardan
Gevorgyan, regarding the extension of the term of the lease agreement concluded for the land occupied by the garage (state registration of rights to immovable property dated 21.06.2026, certificate no. 24082022-01-0259) located in the yard of building no. 31a on Khanjyan Street.

The cadastral value of the garage located in the yard of building no. 31a on Khanjyan Street is 2,461,415 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,
Government Decisions No. 2387-N of December 29, 2005, and No. 1023-N of June 4, 2020, and the Appendix to Decision No. 463-N of December 23, 2025, of the Yerevan City Council:

  1. Authorize the Head of the Kentron Administrative District of Yerevan to conclude an agreement with Gagik Gevorgyan, on behalf of the Mayor of Yerevan, in the manner prescribed by law, on extending the term of lease agreement No. 1456/GA concluded on 15.11.2002 for the land plot with an area of 20.0 sq.m. occupied by the garage located in the yard of building no. 31a on Khanjyan Street, and on making amendments and additions thereto, including the following amendments and additions to the agreement:

  1. replace the words "G. Derdzian" with the words "Gagik Gevorgyan" in the agreement.

  2. 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.".

  3. 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.

  4. In sub-point 4.4 of the contract, remove the words "and alienate the fixed immovable property to the lessor under terms to be determined between the parties."

  5. In sub-point 5.5 of the contract, remove the words "and alienate the fixed immovable property to the lessor,".

  6. 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 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 in 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 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".".
    "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 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 notification 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 via 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 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.".

  7. 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 Annex to Decision No. 463-N of December 23, 2025, of the Council of Elders of Yerevan, amounts to 42,900 (forty-two thousand nine hundred) AMD (20.0 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 1 sq.m.".

  1. Article 9 of the contract shall be set forth in the following wording: "9. In cases of change (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) the 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.".

  2. In Article 12 of the contract, replace the number "900015211072" with the number "900015213128".

  3. Assign the address "A. Khanjyan Street, H. 31/8" to the garage owned by Gagik Gevorgyan.

  4. Instruct the Real Estate Management Department of the Yerevan Municipality Staff to send information on the address of the real estate provided on the basis of this decision within 3 working days to the Yerevan territorial division of the RA Cadastre Committee and the relevant division and department of the RA Police of Yerevan City, and to the head of Kentron administrative district.

  5. 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 RA Cadastre Committee.

  6. 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.

  7. The organization and responsibility for the execution of the decision shall be assigned to the head of the Kentron administrative district of Yerevan.

  8. Control over the implementation of this decision is ensured by the First Deputy Mayor of Yerevan, A. Pambukhchyan.

TIGRAN AVINYAN