shall in accordance with law not be revoked, such as a contract for disaster-relief, poverty-relief, disabilityrelief, or the like purposes, where the donor does not deliver the gi ed property, the donee may request
such delivery.
Where the gi ed property that shall be delivered in accordance with the preceding paragraph is destructed,
damaged, or lost due to the donor’s inten onal act or by his gross negligence, the donor shall bear the
liability for compensa on.
Ar cle 661 A gi may be subject to an obliga on.
Where a gi is subject to an obliga on, the donee shall perform the obliga on in accordance with the
agreement.
Ar cle 662 A donor is not liable for any defect of the gi ed property. Where a gi is subject to an obliga on,
if the gi ed property has defects, the donor shall, to the extent of the a ached obliga on, bear the same
liabili es as a seller.
Where a donor inten onally fails to no fy the donee about the defect of the gi ed property or has made a
warranty therefor, thus causing losses to the donee, the donor shall bear the liability for compensa on.
Ar cle 663 A donor may revoke the gi if the donee has done any of the following acts:
(1) severely infringing upon the lawful rights and interests of the donor or any close rela ve of the donor;
(2) having an obliga on to support the donor but failing to perform that obliga on; or
(3) failing to perform the obliga on as agreed in the gi contract.
The right to revoca on of the donor shall be exercised within one year from the date the donor knows or
should have known of the cause for revoca on.
Ar cle 664 Where a donee's illegal act leads to the death or loss of capacity for performing civil juris c acts
of the donor, the donor’s heir or legal representa ve may revoke the gi .
The right to revoca on of the donor's heir or his legal representa ve shall be exercised within six months
from the date the heir or the legal representa ve knows or should have known of the cause for revoca on.
Ar cle 665 Upon revoca on of a gi , the person having the right to revoca on may request the donee to
return the gi ed property.
Ar cle 666 Where a donor’s nancial situa on markedly deteriorates and his produc on, business, or family
life is thus severely a ected, he may cease to perform the obliga on of delivering the gi .
Chapter XII Loan Contracts
Ar cle 667 A loan contract is a contract under which a borrower borrows a loan from a lender and repays the
loan with interests when the loan becomes due.
Ar cle 668 A loan contract shall be made in wri ng, except for a loan between natural persons who agree
otherwise.
A loan contract generally contains clauses specifying the category of the loan, kind of currency, purpose of
use, amount, interest rate, term, and the method of repayment, and the like.
Ar cle 669 Upon concluding a loan contract, a borrower shall, as required by the lender, provide true
informa on about its business ac vi es and nancial condi ons related to the borrowing to the lender.
Ar cle 670 The interest on a loan may not be deducted from the principal in advance. Where the interest is
deducted from the principal in advance, the loan shall be repaid and the interest shall be calculated
according to the actual amount of the loan provided.
Ar cle 671 A lender who fails to provide the loan at the agreed me and amount and thus causing losses to
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