(2) the obligor agrees to perform the obliga on;
(3) the right holder ini ates a lawsuit or arbitra on proceeding against the obligor; or
(4) there exists any other circumstance that has the same e ect as ini a ng a lawsuit or arbitra on
proceeding by the right holder.
Ar cle 196 The limita on period does not apply to the following rights to claim:
(1) a claim for cessa on of the infringement, removal of the nuisance, or elimina on of the danger;
(2) a claim for return of property of a person who has a real right in an immovable or a registered movable
property;
(3) a claim for payment of child support or support for other family members; or
(4) any other claims to which the limita on period is not applicable in accordance with law.
Ar cle 197 The me period, coun ng methods, and the grounds for suspension and interrup on of the
limita on period are provided by law, and any arrangement otherwise agreed by the par es is void.
An an cipatory waiver of one’s interests in the limita on period made by the par es is void.
Ar cle 198 Any provisions of law regula ng the limita on period for arbitra on shall be followed; in the
absence of such provisions, the provisions on limita on period for li ga on provided herein shall be applied
muta s mutandis.
Ar cle 199 The me period within which a right holder may exercise certain rights, such as the right to
revoca on and the right to rescission, which are provided by law or agreed by the par es shall begin, unless
otherwise provided by law, from the date when the right holder knows or should have known that he has
such a right, and the provisions on the suspension, interrup on, or extension of the limita on period shall
not be applicable. Upon expira on of the me period, the right to revoca on, the right to rescission, and the
like rights are ex nguished.
Chapter X Coun ng of Periods of Time
Ar cle 200 Time periods referred to in the civil law are counted by year, month, day, and hour according to
the Gregorian calendar.
Ar cle 201 Where a me period is counted by year, month, and day, the day on which the me period begins
shall not be counted in and the period runs from the following day.
Where a me period is counted by hour, the period begins to run from the hour as provided by law or agreed
by the par es.
Ar cle 202 Where a me period is counted by year and month, the corresponding date of the due month is
the last day of the me period; in the absence of such a corresponding date, the last day of that month is the
last day of the me period.
Ar cle 203 Where the last day of a me period falls on a legal holiday, the day a er the holiday is deemed as
the last day of the period.
The last day shall end at 24:00 hours; where a business hour is applied, the last day shall end at the me the
business is closed.
Ar cle 204 The coun ng of a me period shall be governed by the provisions of this Code, unless otherwise
provided by law or agreed by the par es.
Book Two Real Rights
Part One General Provisions
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