Decision on extending the lease term for a land plot, amending the agreement, and assigning an address

4042-Ա19 August 2026In force

The Mayor of Yerevan has decided to extend the lease agreement for a land plot occupied by a garage located in front of the residential building at M. Chailakhian St. 45. The decision includes amendments to the lease agreement, such as changing the lessee's name, extending the term until September 1, 2031, and modifying specific clauses related to contract termination and rent adjustments. Additionally, a new address, "M. Chailakhian St., 40/1," is assigned to the garage. The relevant departments are instructed to update the information in the state cadastre and police records. The decision also outlines the procedure for appealing the act and assigns responsibility for its execution.

Property managementKentron

What was decided

Lease extendedLease agreement
To extend the term of the lease agreement No. 1301 dated 16.08.2005 for the land plot occupied by the garage located in front of the residential building at M. Chailakhian St. 45, with an area of 18.0 sqm.
- Counterparty: Ruben Revazyan
- Owner: Yerevan Municipality
Object
M. Chailakhian St., 45, Yerevan
Area
18 m²
Act amendedLease agreement
To replace the words "Hamlet Revazyan" with "Ruben Revazyan" in the contract.
- Counterparty: Ruben Revazyan
- Owner: Yerevan Municipality
Object
M. Chailakhian St., 45, Yerevan
Area
18 m²
Replaced lease agreement No. 1301 · In the contract, replace the words "Hamlet Revazyan" with "Ruben Revazyan"
Hamlet Revazyan
Ruben Revazyan
Act amendedLease agreement
Add a new paragraph to clause 18 of the contract stating that the term of the contract has been extended until September 1, 2031.
- Counterparty: Ruben Revazyan
- Owner: Yerevan Municipality
Object
M. Chailakhian St., 45, Yerevan
Area
18 m²
Added lease agreement No. 1301 · Add a new paragraph to clause 18 of the contract with the following content:
The term of the contract has been extended until September 1, 2031.
Act amendedLease agreement
Remove from clause 4.2 of the contract the words "(including capital construction in the manner prescribed by the legislation of the Republic of Armenia)".
- Counterparty: Ruben Revazyan
- Owner: Yerevan Municipality
Object
M. Chailakhian St., 45, Yerevan
Area
18 m²
Deleted lease agreement No. 1301 · Remove from clause 4.2 of the contract the words "(including capital construction in the manner prescribed by the legislation of the Republic of Armenia)"
(including capital construction in the manner prescribed by the legislation of the Republic of Armenia)
Act amendedLease agreement
Remove from clause 4.4 of the contract the words "and to alienate the attached real estate to the lessor on terms determined by the parties".
- Counterparty: Ruben Revazyan
- Owner: Yerevan Municipality
Object
M. Chailakhian St., 45, Yerevan
Area
18 m²
Deleted lease agreement No. 1301 · Remove from clause 4.4 of the contract the words "and to alienate the attached real estate to the lessor on terms determined by the parties"
and to alienate the attached real estate to the lessor on terms determined by the parties
Act amendedLease agreement
Remove from clause 5.5 of the contract the words "and to alienate the attached real estate to the lessor".
- Counterparty: Ruben Revazyan
- Owner: Yerevan Municipality
Object
M. Chailakhian St., 45, Yerevan
Area
18 m²
Deleted lease agreement No. 1301 · Remove from clause 5.5 of the contract the words "and to alienate the attached real estate to the lessor"
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 contract with the specified content.
- Counterparty: Ruben Revazyan
- Owner: Yerevan Municipality
Object
M. Chailakhian St., 45, Yerevan
Area
18 m²
Added lease agreement No. 1301 · Add new clauses 6.7, 6.8, 6.9, and 6.10 to clause 6 of the contract with the following content:
6.7 The lessor has the right to terminate the contract in the prescribed manner, having previously notified the lessee one month in advance, if the leased land plot needs to change its purpose of use. 6.8 The lessor has the right to unilaterally terminate this contract 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 the regulation of other public interest issues. In this case, the contract is considered terminated (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 contract, and the state registration of the lease right arising from this contract is recognized as invalid based on the application of the lessor, in accordance with subparagraph c) of paragraph 3 of part 3 of Article 35 of the Law "On State Registration of Rights to Property". 6.9 The parties hereby unconditionally agree that the lessor's written notification of unilateral termination of the contract in accordance with clause 6.8 of the contract is carried out simultaneously in the following three ways: a) The lessor's written notification 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 lessor's written notification is sent to the lessee's e-mail address (mail), if available, c) The lessor's written notification is sent by postal delivery by registered mail. 6.10 The parties hereby unconditionally agree and guarantee that the notification methods specified in clause 6.9 of the contract are considered proper and valid. In this case, the lessee is considered duly notified of the unilateral termination of the contract from the day of publication of the notification on the specified websites. The lessee unconditionally agrees that following the websites www.yerevan.am and www.azdarar.am throughout the term of the contract is its continuous and uninterrupted contractual obligation under any circumstances.
Act amendedLease agreement
Rewrite clause 8 of the contract to specify the annual rent and the cadastral value per square meter.
- Counterparty: Ruben Revazyan
- Owner: Yerevan Municipality
Object
M. Chailakhian St., 45, Yerevan
Area
18 m²
Replaced lease agreement No. 1301 · Rewrite clause 8 of the contract as follows:
The annual rent for the land plot is 16,313 (sixteen thousand three hundred thirteen) AMD (18.0 sqm x 90,628 AMD x 1%). The cadastral value of the land plot, approximated to the market value at the time of signing the contract, is 90,628 AMD per 1 sqm.
Act amendedLease agreement
Rewrite clause 9 of the contract to specify the procedure for notifying the lessee of changes in cadastral value or rent, and the conditions for applying these changes.
- Counterparty: Ruben Revazyan
- Owner: Yerevan Municipality
Object
M. Chailakhian St., 45, Yerevan
Area
18 m²
Replaced lease agreement No. 1301 · Rewrite clause 9 of the contract as follows:
In case of a change (increase) in the cadastral value of land approximated to the market value and/or the amount of rent established by decisions of the Yerevan City Council, the Lessor is obliged to notify the Lessee in writing in advance about the new value (rent). The amount of the calculated rent is subject to application (the contract 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 contract (refusal of the contract) before the end of the corresponding 15-day period.
Address assignedReal estate object
Grant the address "M. Chailakhian St., 40/1" to the garage transferred to Ruben Revazyan.
- Owner: Ruben Revazyan
- Executor: Yerevan Municipality
Object
M. Chailakhian St., 40/1, Yerevan
Cadastre action requestedReal estate object
Instruct the Department of Real Estate Management of the Yerevan Municipality Administration to send information about the address granted for the real estate object to the territorial body of the State Committee of the Real Estate Cadastre 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 Department of Real Estate Management
- Executor: State Committee of the Real Estate Cadastre of Armenia
- Executor: Yerevan Police Department
- Executor: Kentron administrative district head's office
Object
M. Chailakhian St., 40/1, Yerevan
Execution assignedMunicipal act
Entrust the organization and responsibility for the execution of the decision to the head of the Kentron administrative district of Yerevan.
- Executor: Kentron administrative district head's office
Oversight assignedMunicipal act
The First Deputy Mayor of Yerevan, A. Pambukhchyan, ensures control over the execution of this decision.
- Oversight: A. Pambukhchyan
- Oversight: First Deputy Mayor of Yerevan

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 Ruben Revazyan's application to extend the term of the lease agreement concluded for the land occupied by the garage located in front of the residential building at M. Chaylakhyan Street No. 45, which was transferred to him by inheritance right certificate No. 2858 dated 27.04.2026.

The cadastral value of the garage located in front of the residential building at M. Chaylakhyan Street No. 45 is 3,102,833 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 Republic of Armenia No. 2387-N dated December 29, 2005, and No. 1023-N dated June 4, 2020, and the Appendix to Decision No. 463-N of the Yerevan City Council dated December 23, 2025:

Authorize the Head of the Kentron administrative district of Yerevan to conclude an agreement with Ruben Revazyan, on behalf of the Mayor of Yerevan, in the manner prescribed by law, on extending the term of lease agreement No. 1301 concluded on 16.08.2005 for the land plot with an area of 18.0 sq.m. occupied by the garage located in front of the residential building at M. Chaylakhyan Street No. 45, and on making amendments and additions thereto, including the following amendments and additions to the agreement:

In the agreement, replace the words "Hamlet Revazyan" with the words "Ruben Revazyan".
Supplement point 18 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."

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.
Remove the words "and alienate the fixed immovable property to the lessor under the terms determined by the parties" from sub-point 4.4 of the agreement.
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 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 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 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 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 official websites of 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 email address (mail) if available,
c) The lessor's written notice is sent by postal delivery via 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 sub-point 1 of point 40 of the appendix to decision No. 463-N of the Yerevan City Council of December 23, 2025, paragraph d), amounts to 16,313 (sixteen thousand three hundred thirteen) AMD (18.0 sq.m x 90,628 AMD x 1%). At the time of signing the contract, the cadastral value of the land plot approximated to the market value for 1 sq.m is 90,628 AMD.".
point 9 of the contract shall be set forth in the following wording:
"9. In cases of change (in case of increase) of 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 in writing in advance about the new value (rent)

DECISION OF THE MAYOR OF YEREVAN

keep to the Lessee. In case of an increase in the cadastral value of the land approximated to the market value and (or) the 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 (renunciation of the contract) before the expiration of the corresponding 15-day period.":

Assign the address "M. Chaylakhyan Street, No. 40/1" to the garage transferred to Ruben Revazyan.
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 RA Cadastre Committee and the corresponding subdivision and department of the RA Police of Yerevan city, and to the head of the Kentron administrative district.
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 RA Cadastre Committee.
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.
The organization and responsibility for the execution of the decision shall be placed on the head of the Kentron administrative district of Yerevan.
Control over the implementation of this decision is ensured by the First Deputy Mayor of Yerevan, A. Pambukhchyan.

TIGRAN AVINYAN