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Mayor's decisions

Decision on extending the lease term of the land plot and making changes and additions to the contract

4009-ԱIn force

This decision extends the lease term of the land plot occupied by Khanjyan Street, building 49, garage 3, and makes amendments to the contract. It also instructs the head of the Kentron administrative district to sign an agreement with Gevorg Engibaryan regarding these changes and to register the resulting right with the State Real Estate Cadastre Committee.

Property managementKentron

What was decided

  1. Lease extendedLand plot

    The term of the lease agreement for the land plot occupied by Khanjyan Street, building 49, garage 3, concluded on February 18, 1999, is extended until September 1, 2031.

    • Counterparty: Gevorg Engibaryan
    • Owner: Yerevan Municipality
    • Executor: Head of Kentron administrative district
    Object
    Khanjyan Street, building 49, garage 3
    Cadastral code
    ՓԲ-2001 06/1996
    Area
    19.5 m²

    Replaced Lease agreement for the land plot occupied by Khanjyan Street, building 49, garage 3 · Clause 19

    The term of the contract has been extended

    until September 1, 2031

  2. Act amendedLand plot

    Clause 4 of the agreement is amended to state that the cadastral value of the land plot, approximated to the market value, is 214,500 AMD per square meter.

    • Counterparty: Gevorg Engibaryan
    • Owner: Yerevan Municipality
    • Executor: Head of Kentron administrative district
    Object
    Khanjyan Street, building 49, garage 3
    Cadastral code
    ՓԲ-2001 06/1996
    Area
    19.5 m²

    Replaced Lease agreement for the land plot occupied by Khanjyan Street, building 49, garage 3 · Clause 4

    4. The cadastral value of the land plot, approximated to the market value, is 191,199.2 AMD per square meter.

    4. The cadastral value of the land plot, approximated to the market value, is 214,500 AMD per square meter.

  3. Act amendedLand plot

    Clause 9 of the agreement is amended to state that the annual rent for the land plot is 41,828 AMD (19.5 sqm x 214,500 AMD x 1%). The cadastral value of the land plot, approximated to the market value, is 214,500 AMD per square meter at the time of signing the contract.

    • Counterparty: Gevorg Engibaryan
    • Owner: Yerevan Municipality
    • Executor: Head of Kentron administrative district
    Object
    Khanjyan Street, building 49, garage 3
    Cadastral code
    ՓԲ-2001 06/1996
    Area
    19.5 m²

    Replaced Lease agreement for the land plot occupied by Khanjyan Street, building 49, garage 3 · Clause 9

    9. The annual rent for the land plot is calculated based on the cadastral value and the lease rate.

    9. The annual rent for the land plot is 41,828 AMD (19.5 sqm x 214,500 AMD x 1%). The cadastral value of the land plot, approximated to the market value, is 214,500 AMD per square meter at the time of signing the contract.

  4. Act amendedLand plot

    Clause 10 of the agreement is amended to regulate the procedure for notifying the lessee about changes in cadastral value or rent, and the conditions for applying these changes and terminating the contract.

    • Counterparty: Gevorg Engibaryan
    • Owner: Yerevan Municipality
    • Executor: Head of Kentron administrative district
    Object
    Khanjyan Street, building 49, garage 3
    Cadastral code
    ՓԲ-2001 06/1996
    Area
    19.5 m²

    Replaced Lease agreement for the land plot occupied by Khanjyan Street, building 49, garage 3 · Clause 10

    10. In case of changes in the cadastral value of land approximated to market value and/or the amount of rent, the Lessor shall notify the Lessee in writing in advance. The rent shall not change if the Lessee has notified the Lessor of early termination of the contract.

    10. In cases 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 change if the Lessee has notified the Lessor of the early termination of the contract (withdrawal from the contract) before the end of the corresponding 15-day period.

  5. Cadastre action requestedReal estate object

    The right arising from the agreement mentioned in point 1 of this decision is subject to state registration in the relevant unit of the State Real Estate Cadastre Committee.

    • Executor: Head of Kentron administrative district
    • Other: State Real Estate Cadastre Committee
    Object
    Khanjyan Street, building 49, garage 3
    Cadastral code
    ՓԲ-2001 06/1996
  6. Execution assignedMunicipal act

    The organization of the execution of this decision and the responsibility for it are entrusted to the Head of the Kentron administrative district of Yerevan.

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

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

    • Oversight: First Deputy Mayor of Yerevan A. Pambukhchyan

Full text

ԵՐԵՎԱՆԻ ՔԱՂԱՔԱՊԵՏ
ՈՐՈՇՈՒՄ
ՀՀ, 0015, ք. Երևան, Արգիշտիի 1
№ « » 2026թ.

ON EXTENDING THE TERM OF THE LAND LEASE AGREEMENT,

MAKING AMENDMENTS AND ADDITIONS TO THE AGREEMENT

The basis for the adoption of the administrative act was Gevorg Engibaryan's application to extend the term of the lease agreement concluded for the land occupied by the garage No. 3 of building No. 49 on Khanjyan Street (state registration of rights to immovable property certificate No. 14082020-01-0260 dated 14.08.2020).

The cadastral value of garage No. 3 of building No. 49 on Khanjyan Street is 1,911,992 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 No. 1023-N of the Government of the Republic of Armenia dated June 4, 2020, and the appendix to Decision No. 463-N of the Yerevan City Council dated December 23, 2025.

  1. Authorize the Head of Kentron Administrative District of Yerevan to conclude an agreement on behalf of the Mayor of Yerevan with Gevorg Engibaryan, in accordance with the procedure established by law, on extending the term of lease agreement No. PB-2001 06/1996 concluded on February 18, 1999, for the land plot with an area of 19.5 sq.m. occupied by garage No. 3 of building No. 49 on Khanjyan Street, and on making amendments and additions thereto, including the following amendments and additions to the agreement:
  1. Supplement point 19 of the agreement with a new paragraph of the following content:

"Based on the agreement concluded between the Parties, the term of the agreement has been extended until September 1, 2031.".

  1. Redraft point 4 of the agreement as follows:
  1. The cadastral value approximated to the market value of the land plot is 214,500 AMD per 1 sq.m.".
  1. Article 9 of the contract shall be reworded as follows:
    "9. The annual rent for the land plot, in accordance with paragraph d) of sub-point 1 of point 40 of the appendix to decision No. 463-N of December 23, 2025, of the Yerevan City Council, amounts to 41,828 (forty-one thousand eight hundred twenty-eight) AMD (19.5 sq.m x 214,500 AMD x 1%). At the time of concluding the contract, the cadastral value approximated to the market value of the land plot is 214,500 AMD per 1 sq.m.".
  2. Article 10 of the contract shall be reworded as follows:
    "10. 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) 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.".
  1. To take note that the right arising from the agreement mentioned in point 1 of this decision is subject to state registration in the relevant subdivision of the Cadastre Committee of the Republic of Armenia.
  2. 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.
  3. The organization and responsibility for the execution of the decision shall be assigned to the head of the Kentron administrative district of Yerevan.
  4. Control over the implementation of this decision is ensured by the First Deputy Mayor of Yerevan, A. Pambukhchyan.

TIGRAN AVINYAN