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Article 547Extinguishment of Right to Cancel by Demand

第五百四十七条(催告による解除権の消滅)

If no period of time is specified for the exercise of the right to cancel, the other party may issue a notice of demand to the holder of the right to cancel, specifying a reasonable period of time, to the effect that the holder of the right to cancel is to give a definite answer as to whether the holder will cancel or not within that period of time. In this case, if no notice of cancellation is received within that period, the right to cancel is extinguished.

解除権の行使について期間の定めがないときは、相手方は、解除権を有する者に対し、相当の期間を定めて、その期間内に解除をするかどうかを確答すべき旨の催告をすることができる。この場合において、その期間内に解除の通知を受けないときは、解除権は、消滅する。

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