The objective of this study is to clarify actual conditions on the renewal procedures of the building agreement and make effective functions for building up residential environment through neighborhood participation by application of the agreement. In this research, it was found that, even in areas where the building agreement had been concluded by the developer, agreements in many of the communities had been renewed with the residents placing high evaluation on the agreement. Furthermore, it was clarified that various measures were established according to the actual status of the communities by varying the contents and areas subject to the agreements. And then the basic conditions were examined to promote neighborhood consensus for operating the building agreement over a long period of time. The conditions according to the reasons of concluding the agreement or according to environmental conditions of the community were argued to be the keys for promoting neighborhood consensus for the agreement.