On extending the term of the land plot lease agreement and making amendments and additions to the agreement.

In force

This decision extends the lease agreement for a land plot occupied by garage 22 of building 34 on Z. Andraniki Street until September 1, 2031. It introduces several amendments to the contract, including changing the lessee's name, modifying clauses related to termination and notification procedures, and updating rent payment details. The head of the Malatia-Sebastia administrative district is authorized to sign the agreement. The decision also specifies the annual rent and the approximated cadastral value per square meter.

Property managementMalatia-Sebastia

What was decided

Lease extendedLand plot
Authorize the head of the Malatia-Sebastia administrative district of Yerevan, Sasha Katvalyan, to conclude an agreement on behalf of the Mayor of Yerevan with Marine Hovakimyan to extend the term of the lease agreement No. 2410 dated August 29, 2005, for the land plot of 21.7 sqm occupied by garage 22 of building 34 on Z. Andraniki Street, and to make amendments and additions to it.
- Counterparty: Marine Hovakimyan
- Executor: Sasha Katvalyan
Object
Z. Andraniki Street, building 34, garage 22
Area
21.7 m²
Act amendedLease agreement
Amend the contract by replacing the words "Vladimir Saharyan" with "Marine Hovakimyan".
- Counterparty: Marine Hovakimyan
- Executor: Sasha Katvalyan
Replaced Lease Agreement No. 2410 · Contract
Vladimir Saharyan
Replace the words "Vladimir Saharyan" with "Marine Hovakimyan" in the contract.
Act amendedLease agreement
Add a new paragraph to clause 16 of the contract, stating that the contract term has been extended until September 1, 2031.
- Counterparty: Marine Hovakimyan
- Executor: Sasha Katvalyan
Added Lease Agreement No. 2410 · Clause 16
Add a new paragraph to clause 16 of the contract with the following content: "Based on the agreement concluded between the parties, the term of the contract has been extended until September 1, 2031."
Act amendedLease agreement
Remove the words "(including capital construction implemented in accordance with the procedure established by the legislation of the Republic of Armenia)" from clause 4.2 of the contract.
- Counterparty: Marine Hovakimyan
- Executor: Sasha Katvalyan
Deleted Lease Agreement No. 2410 · Clause 4.2
Remove the words "(including capital construction implemented in accordance with the procedure established by the legislation of the Republic of Armenia)" from clause 4.2 of the contract.
Act amendedLease agreement
Remove the words "and to alienate the attached real estate to the "Lessor" under conditions determined by the parties" from clause 4.4 of the contract.
- Counterparty: Marine Hovakimyan
- Executor: Sasha Katvalyan
Deleted Lease Agreement No. 2410 · Clause 4.4
Remove the words "and to alienate the attached real estate to the "Lessor" under conditions determined by the parties" from clause 4.4 of the contract.
Act amendedLease agreement
Remove the words "and to alienate the attached real estate to the "Lessor"," from clause 5.5 of the contract.
- Counterparty: Marine Hovakimyan
- Executor: Sasha Katvalyan
Deleted Lease Agreement No. 2410 · Clause 5.5
Remove the words "and to alienate the attached real estate to the "Lessor"," from clause 5.5 of the contract.
Act amendedLease agreement
Add new clauses 6.7, 6.8, 6.9, and 6.10 to clause 6 of the contract, detailing conditions for termination and notification procedures.
- Counterparty: Marine Hovakimyan
- Executor: Sasha Katvalyan
Added Lease Agreement No. 2410 · Clause 6
Add new clauses 6.7, 6.8, 6.9, and 6.10 to clause 6 of the contract with the following content: "6.7. In case of the need to change the purpose of use of the leased land plot, the lessor has the right to terminate the contract in the established manner, having previously notified the lessee one month in advance." "6.8. In case of implementation of urban development or investment programs approved by the community of Yerevan or the Yerevan Municipality, or regulation of urban development issues of courtyard and inter-courtyard areas, as well as implementation of other programs by or with the participation of the community of Yerevan, or regulation of other public importance issues, the lessor has the right to unilaterally terminate this contract, in which 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 subparagraph 'c' of paragraph 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 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 email address (if available), c) The Lessor's written notification is sent by postal mail as a registered letter." "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. Moreover, from the day of publication of the notification on the mentioned websites, the Lessee is considered properly notified of the unilateral termination of the contract. The Lessee unconditionally agrees that following the websites www.yerevan.am and www.azdarar.am throughout the entire term of the contract is their continuous and uninterrupted contractual obligation under any circumstances."
Act amendedLease agreement
Rewrite clause 8 of the contract to specify the annual rent and the approximated cadastral value per square meter.
- Counterparty: Marine Hovakimyan
- Executor: Sasha Katvalyan
Replaced Lease Agreement No. 2410 · Clause 8
Rewrite clause 8 of the contract as follows: "8. The annual rent for the land plot, in accordance with subparagraph 'd' of paragraph 1 of clause 40 of the annex to the decision of the Council of Elders of Yerevan dated December 23, 2025, No. 463-N, amounts to 8309 (eight thousand three hundred nine) AMD (21.7 sqm x 38290 AMD x 1%). The cadastral value per square meter, approximated to the market value of the land plot at the time of concluding the contract, is 38290 AMD."
Act amendedLease agreement
Rewrite clause 9 of the contract to specify the procedure for notifying changes in cadastral value or rent, and the conditions for applying these changes.
- Counterparty: Marine Hovakimyan
- Executor: Sasha Katvalyan
Replaced Lease Agreement No. 2410 · Clause 9
Rewrite clause 9 of the contract as follows: "9. 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 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 contract 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 contract (termination of the contract) before the end of the corresponding 15-day period."
Execution assignedMunicipal act
Organize and take responsibility for the execution of this decision, entrusting it to the head of the Malatia-Sebastia administrative district of Yerevan.
- Executor: Sasha Katvalyan
Oversight assignedMunicipal act
Ensure control over the execution of this decision by the First Deputy Mayor of Yerevan A. Pambukhchyan.
- Oversight: A. Pambukhchyan

Full text

YEREVAN MAYOR
DECISION

ON EXTENDING THE TERM OF THE LAND LEASE AGREEMENT, MAKING AMENDMENTS AND ADDITIONS TO THE AGREEMENT

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

The basis for the adoption of the administrative act was the application of Marine Hovakimyan to extend the term of the lease agreement concluded for the land occupied by the garage no. 22 of the building no. 34, Z. Andranik Street (registration certificate of ownership (use) right of immovable property no. 2605486 dated 07.10.2008), and to make amendments and additions to the agreement.

The cadastral value of the garage no. 22 of the building no. 34, Z. Andranik Street is 1,934,893 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.

Authorize Sasha Katvalyan, Head of Malatia-Sebastia Administrative District of Yerevan City, to conclude an agreement with Marine Hovakimyan on behalf of the Mayor of Yerevan, in the manner prescribed by law, on extending the term of lease agreement no. 2410 concluded on August 29, 2005, for the land plot with an area of 21.7 square meters occupied by the garage no. 22 of the building no. 34, Z. Andranik Street, and making amendments and additions thereto, including the following amendments and additions to the agreement:
1. replace the words "Saharyan Vladimir" with the words "Marine Hovakimyan" 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.".

remove the words "(including capital construction in accordance with the procedure established by the legislation of the Republic of Armenia)" from subparagraph 4.2. of the contract.
remove the words "and alienate the attached immovable property to the "Lessor" under conditions to be determined between the parties" from subparagraph 4.4. of the contract.
remove the words "and alienate the attached immovable property to the "Lessor"," from subparagraph 5.5. of the contract.
supplement point 6 of the contract with new subparagraphs 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 problems of courtyard and inter-courtyard areas, as well as the implementation of other programs by or with the participation of the Yerevan community or the regulation of other problems 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 in accordance with subparagraph g) of part 3 of article 35 of the law "On State Registration of Rights to Property" on the basis of the lessor's application."
"6.9. Hereby, the parties unconditionally agree that the lessor's written notice of unilateral withdrawal from the contract in accordance with subparagraph 6.8. of the contract is 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 - by registered mail."
"6.10. Hereby, the parties unconditionally agree and guarantee that the notification methods specified in subparagraph 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

in the course of monitoring www.yerevan.am and www.azdarar.am websites is its continuous and uninterrupted contractual obligation under any circumstances.".
7) Article 8 of the contract shall be set forth in the following wording:
"8. The annual rent of the land plot, in accordance with sub-point 1, paragraph d) of point 40 of the appendix to decision No. 463-N of December 23, 2025, of the Yerevan City Council, amounts to 8309 (eight thousand three hundred nine) AMD (21.7 sq.m x 38290 AMD x 1%). At the time of concluding the contract, the cadastral value of the land plot approximated to the market value for 1 sq.m is 38290 AMD.".
8) Article 9 of the contract shall be set forth in the following wording:
"9. In cases of changes (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 is considered amended) no sooner 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.":
2. Take into account 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.
3. 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.
4. The organization and responsibility for the execution of the decision shall be assigned to the head of the Malatia-Sebastia administrative district of Yerevan.
5. Control over the implementation of this decision is ensured by the First Deputy Mayor of Yerevan, A. Pambukhchyan.

TIGRAN AVINYAN