Abstract
December 30, 2011 "Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents" was revised and "Residential Environmental Management Project" and "Avenue and Housing Maintenance Project"(low-rise housing improvement projects) were first introduced. This study investigates the private agreement called "Covenant" of Forest Hills Gardens, Radburn, Sunnyside Garden in the United States of America and derives the success and failure factors. Finally, policy and legislative issues are suggested for low-rise housing areas to be managed smoothly and stably making Use of landscape agreement after finishing the low-rise housing improvement projects. The policy and legislative issues are as follows. (1) Fulfilling the role of "management contract" in low-rise housing areas by landscape agreement, (2) Accumulation of "Long-term Repairs Allowance" in low-rise housing areas, (3) Succession of landscape agreement and Setting the long-term validity, (4) Incentives for the activation of landscape agreement.