The circumstances of property preservation cancellation are as follows:
 1. Where a party applies for property preservation before litigation, and the interested party fails to bring a lawsuit within 15 days after the adoption of the preservation measures;
 2. The respondent provides guarantee to the people's court in accordance with relevant regulations;
 3. The applicant withdraws his application during the property preservation period, and the people's court agrees to withdraw his application;
 4. The respondent applies for reconsideration, and the court makes a new ruling accordingly, revoking the original property preservation ruling;
 5. The respondent fulfilled the obligation of the people's court's judgment according to law;
 6. There is a time limit for freezing, sealing up or distraining the property of the respondent.
 [Legal Basis]
 Article 104 of the Civil Procedure Law states that in a property dispute case, if the respondent provides security, the people's court shall rule to cancel the preservation.