Question & AnswerQ&A (Act No. 3343)
At least two sufficient sureties are required for a personal bail bond.
All personal bail bonds must be executed by a written undertaking in a substantially specified form that includes details about the complaint, the bail sum, sureties, description of real estate as security, and conditions of the undertaking.
Yes, the court may demand the presence of the defendant during the execution of the personal bail bond at its discretion.
The sureties undertake joint and several responsibility that the defendant will appear and answer the charge, comply with court orders and processes, appear for judgment if convicted, and if failing any of these conditions, pay the specified bail amount to the People of the Philippine Islands.
Sureties must encumber real estate property that they own outright, which is free from encumbrance, not exempt from execution, and serves as security for the bail amount.
The description must include location, boundaries, approximate area in square meters, clear and absolute title, current assessment value, and any existing encumbrance or mortgage on the property.
Sureties must declare under oath that the properties have not been previously encumbered, mortgaged, or pledged as security for any provisional release or obligation, and if encumbered, must state the amount to determine additional encumbrance capacity.
Sureties must give the court at least five days' notice before any transfer or disposition of the properties so the court can take necessary actions to protect government interests.
The act took effect upon its approval on December 8, 1926.