Site shows: HTTP Error 500.52 - URL Rewrite Module Error

Symptoms

Website shows error:

CONFIG_TEXT: HTTP Error 500.52 - URL Rewrite Module Error.
The page cannot be displayed because an internal server error has occurred.

When Tracing Failed Requests is enabled below information can be found:

CONFIG_TEXT: ModuleName RewriteModule
Notification BEGIN_REQUEST
HttpStatus 500
HttpReason URL Rewrite Module Error.
HttpSubStatus 50
ErrorCode Cannot create a file when that file already exists.
(0x800700b7)

Cause

Unclear.

Resolution

Reinstall URL Rewrite Module:

1. Uninstall IIS URL Rewrite Module 2:
   Open Command prompt, type appwiz.cpl and press Enter
2. Install IIS URL Rewrite Module 2: left double-click on rewrite_7.2.1952_x64.msi located at C:\ParallelsInstaller\parallels\PANEL-WIN_your_plesk_version\thirdparty-msi-Windows-any-x86_64\rewrite_7.2.1952_x64.msi