The premises of Armenian schools and universities have been often transferred to a short-term lease for the “wrong amount.” This was announced by the head of the State Property Management of the Government of Armenia Arman Sahakyan at a meeting with journalists on Tuesday. 

According to him, the experts of the Office found during a research that schools and universities, as public non-profit organizations, often provide their premises for rent below the market price.

A new order has been established according to which these areas can be leased only through auction and exclusively for educational, sports, or scientific purposes.