1, and the property preservation period is three years. If the applicant fails to bring a lawsuit or apply for arbitration according to law within 30 days after the people's court takes the preservation measures, the people's court shall lift the preservation. Therefore, the property preservation period is 30 days. The people's court shall not freeze the bank deposits of the person subjected to execution for more than one year, seal up or detain movable property for more than two years, seal up immovable property for more than three years, and freeze other property rights for more than three years.
2. Legal basis: Article 486 of the Supreme People's Court's Interpretation of Application.
The people's court shall not dispose of the property that has been sealed up, detained or frozen. For various properties that can be directly deducted, such as bank deposits, the deduction ruling of the people's court also has the legal effect of freezing.
Article 487
The people's court shall not freeze the bank deposits of the person subjected to execution for more than one year, seal up or detain movable property for more than two years, seal up immovable property for more than three years, and freeze other property rights for more than three years.
Where the person subjected to execution applies for an extension of the time limit, the people's court shall go through the formalities of continuing the seizure, seizure and freezing before the expiration of the time limit, and the extension period shall not exceed the time limit specified in the preceding paragraph.
The people's court may also handle the formalities of continued sealing up, seizure and freezing ex officio.
Second, what is the object of property preservation?
1, the defendant's bank account and deposit;
2. The real estate ownership or land use right registered by the defendant in the real estate trading center;
3. The defendant's income from foreign investment in equity, shares, bonds, dividends and bonuses;
4. Vehicles owned by the defendant;
5. Goods such as factory buildings, machinery and equipment, raw materials, semi-finished products and finished products owned by the defendant;
6. The creditor's rights enjoyed by the defendant against others and the rent payable by others to the defendant;
7. The defendant enjoys the exclusive right to use patents, trademarks and other intellectual property rights;
8. Other property and rights with monetary value owned by the defendant.