The dynamic modal analysis i.e., the natural frequencies, modes of vibration, generalized masses, and modal participation factors and static stability i.e., critical loads and buckling modes of two-dimensional 2D cantilever shear buildings with semirigid flexural restraint and lateral bracing at the base support as well as lumped masses at both ends and subjected to a linearly distributed axial load along its span are presented using an approach that fulfills both the lateral and moment equilibrium conditions along the member. The proposed model includes the simultaneous effects and couplings of shear deformations, translational and rotational inertias of all masses considered, a linearly applied axial load along the span, the shear force component induced by the applied axial force as the member deforms and the cross section rotates, and the rotational and lateral restraints at the base support. The proposed model shows that the stability and dynamic behavior of 2D cantilever shear buildings are highly sensitive to the coupling effects just mentioned, particularly in members with limited rotational restraint and lateral bracing at the base support. Analytical results indicate that except for members with a perfectly clamped base i.e., zero rotation of the cross sections, the stability and dynamic behavior of shear buildings are governed by the flexural moment equation, rather than the second-order differential equation of transverse equilibrium or shear-wave equation. This equation is formulated in the technical literature by simply applying transverse equilibrium ignoring the flexural moment equilibrium equation. This causes erroneous results in the stability and dynamic analyses of shear buildings with base support that is not perfectly clamped. The proposed equations reproduce, as special cases: 1 the nonclassical vibration modes of shear buildings including the inversion of modes of vibration when higher modes cross lower modes in shear buildings with soft conditions at the base, and the phenomena of double frequencies at certain values of beam slenderness L/r; and 2 the phenomena of tension buckling in shear buildings. These phenomena have been discussed recently by the writer 2005 in columns made of elastomeric materials.