locus poenitentiae

locus poenitentiae

‘the right to withdraw’. Specially in Scots law, the term refers to the opportunity to treat as not binding an agreement freely entered into where the requisite formalities have not been concluded. The right to withdraw can be lost by the operation of a personal bar whether at common law or as set out by statute.
Collins Dictionary of Law © W.J. Stewart, 2006

LOCUS POENITENTIAE. contracts, crim. law. Literally this signifies a place of repentance; in law, it is the opportunity of withdrawing from a projected contract, before the parties are finally bound; or of abandoning the intention of committing a crime, before it has been completed, 2 Bro. C. R. 569; Ersk. Laws of Scotl. 290. Vide article Attempt.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
The SSJ should have placed a condition or locus poenitentiae on the Licence that, in the event that Richard III's remains were found, no reinterment could take place, unless and until the SSJ had first carried out appropriate consultation.