Any person having an interest may serve a notice upon the person entitled to annul the contract, requiring them to declare their intention to assert the nullity within a period of not less than ninety (90) days, commencing from the day following the date of receipt of such notice. If the period expires and they have not expressed their intention without an acceptable excuse, to exercise their right to annulment, such right shall lapse.
Interpretation and application must be checked against the official text and current version.