On extending the term of the lease agreement, making amendments and additions to the agreement, and providing an address for the land plot

What was decided

1. Lease extendedLand plot

   Authorize the head of Ajapnyak administrative district of Yerevan to conclude an agreement on behalf of the Mayor of Yerevan with Petros Pijimyan, in the manner prescribed by law, on extending the term of lease agreement No. 3938 concluded on August 19, 2005, for the land plot of 24.3 sq.m. occupied by the garage located in front of building No. 34 in the 16th district, and making amendments and additions thereto.

   • Beneficiary: Petros Pichijyan
   • Executor: Head of Ajapnyak administrative district of Yerevan

   Object

   Norashen district, No. 34/19

   Cadastral code

   01062026-01-0361

   Area

   24.3 m²

2. Act amendedLease agreement

   Supplement point 16 of the agreement with a new paragraph, with the following content:

   • Beneficiary: Petros Pichijyan
   • Executor: Head of Ajapnyak administrative district of Yerevan

   Added 3938 · point 16

   “Based on the agreement concluded between the parties, the term of the agreement has been extended until September 1, 2031.”

3. Act amendedLease agreement

   Remove the words "including capital construction in the manner prescribed by the legislation of the Republic of Armenia:" from sub-point 4.2. of the agreement.

   • Beneficiary: Petros Pichijyan
   • Executor: Head of Ajapnyak administrative district of Yerevan

   Deleted 3938 · sub-clause 4.2.

   including capital construction in the manner prescribed by the legislation of the Republic of Armenia:

4. Act amendedLease agreement

   remove the words "and alienate the fixed immovable property to the lessor under the terms determined between the parties" from sub-clause 4.4 of the agreement.

   • Beneficiary: Petros Pichijyan
   • Executor: Head of Ajapnyak administrative district of Yerevan

   Deleted 3938 · sub-clause 4.4.

   and alienate the attached immovable property to the lessor under the terms determined by the parties.

5. Act amendedLease agreement

   remove the words "and alienate the fixed immovable property to the lessor" from sub-clause 5.5 of the agreement.

   • Beneficiary: Petros Pichijyan
   • Executor: Head of Ajapnyak administrative district of Yerevan

   Deleted 3938 · sub-clause 5.5.

   and alienate the fixed real estate to the lessor

6. Act amendedLease agreement

   Supplement point 6 of the agreement with a new sub-point 6.7, with the following content:

   • Beneficiary: Petros Pichijyan
   • Executor: Head of Ajapnyak administrative district of Yerevan

   Added 3938 · supplement point 6 with a new sub-point 6.7

   6.7 In case of necessity to change the purpose of use of the leased land, the lessor has the right to withdraw from the agreement in the prescribed manner, by notifying the lessee one month in advance.

7. Act amendedLease agreement

   Supplement point 6 of the agreement with a new sub-point 6.8, with the following content:

   • Beneficiary: Petros Pichijyan
   • Executor: Head of Ajapnyak administrative district of Yerevan

   Added 3938 · Sub-point 6.8

   6.8 Due to the implementation of urban development or investment programs approved by the Yerevan community or Yerevan City Hall, or the regulation of urban development issues 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 issues of public importance, the lessor has the right to unilaterally withdraw from this agreement, in which case the agreement is considered terminated or ceased on the day following the expiration of three months from the date of receipt of the notice of unilateral withdrawal from the agreement by the lessee, and the state registration of the right of lease arising from this agreement 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" on the basis of the lessor's application.

8. Act amendedLease agreement

   Supplement point 6 of the agreement with a new sub-point 6.9, with the following content:

   • Beneficiary: Petros Pichijyan
   • Executor: Head of Ajapnyak administrative district of Yerevan

   Added 3938 · Sub-point 6.9

   6.9 Hereby the parties unconditionally agree that the lessor's written notice of unilateral withdrawal from the agreement in accordance with sub-point 6.8 of the agreement is carried out simultaneously by the following three methods: a. The lessor's written notice is published on the websites of Yerevan City Hall 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 - by registered mail.

9. Act amendedLease agreement

   Supplement point 6 of the agreement with a new sub-point 6.10, with the following content:

   • Beneficiary: Petros Pichijyan
   • Executor: Head of Ajapnyak administrative district of Yerevan

   Added 3938 · Sub-point 6.10

   6.10 Hereby the parties unconditionally agree and guarantee that the notification methods specified in sub-point 6.9 of the agreement 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 withdrawal from the agreement. The lessee unconditionally agrees that throughout the entire term of the agreement, monitoring the websites www.yerevan.am and www.azdarar.am is his continuous and uninterrupted contractual obligation under any circumstances.

10. Act amendedLease agreement

    Point 8 of the agreement shall be set forth in the following wording:

    • Beneficiary: Petros Pichijyan
    • Executor: Head of Ajapnyak administrative district of Yerevan

    Replaced 3938 · point 8

    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 December 23, 2025 of the Council of Elders of the City of Yerevan, is 6,048 (six thousand forty-eight) AMD (24.3 sq.m. x 24,889 x 1%). At the time of concluding the agreement, the cadastral value approximated to the market value of the land plot for 1 sq.m. is 24,889 AMD.

11. Act amendedLease agreement

    Point 9 of the agreement shall be set forth in the following wording:

    • Beneficiary: Petros Pichijyan
    • Executor: Head of Ajapnyak administrative district of Yerevan

    Replaced 3938 · clause 9

    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 Council of Elders of the City 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 the land approximated to the market value and (or) rent, the calculated amount of rent is subject to application (the agreement is considered amended) no earlier than 15 days after written notification thereof. The rent does not change if the Lessee has notified the Lessor of the early termination of the agreement (withdrawal from the agreement) before the expiration of the corresponding 15-day period.

12. Address assignedReal estate object

    Assign the address "Norashen district, No. 34/19" to the garage belonging to Petros Pijimyan.

    • Owner: Petros Pichijyan
    • Executor: Head of Ajapnyak administrative district of Yerevan

    Object

    Norashen district, No. 34/19

13. Cadastre action requestedReal estate object

    Instruct the Real Estate Management Department of the Yerevan City Hall staff to send the information on the real estate address provided on the basis of this decision to the Yerevan territorial division of the RA Cadastre Committee and the corresponding division of the RA Police of Yerevan city, and the head of Ajapnyak administrative district within 3 working days.

    • Executor: Real Estate Management Department of Yerevan City Hall Staff
    • Other: Yerevan territorial division of the RA Cadastre Committee and the corresponding division of the RA Police of Yerevan city
    • Other: Head of Ajapnyak administrative district

    Object

    "Norashen district, No. 34/19"

14. Execution assignedMunicipal act

    Assign the organization and responsibility for the execution of the decision to the head of the Ajapnyak administrative district of Yerevan.

    • Executor: Head of Ajapnyak administrative district of Yerevan
15. Oversight assignedMunicipal act

    Oversight of the execution of this decision is provided by the First Deputy Mayor of Yerevan A. Pambukhchyan.

    • Oversight: Armen Pambukhchyan

Full text