Ace the Colorado Real Estate Exam 2025 – Unlock Your Property Potential!

A buyer can indeed make their Contract to Buy/Sell contingent on the completion of an environmental impact report, as contingency contracts are a standard and negotiable aspect of real estate transactions. This flexibility allows buyers to protect their interests by conducting due diligence on factors that may affect the property's value, usability, or compliance with regulations.

In transactions, contingencies can be tailored to suit the specific concerns of the buyer. For instance, if a buyer is worried about potential environmental issues that could arise from previous land use, they can negotiate this contingency to ensure they have the opportunity to review the report before finalizing the purchase. This assures the buyer that they are making an informed decision, and it aligns with the principles of risk management in real estate.

While the other options present limitations that may sound plausible, they do not reflect the reality that most real estate contracts can include various contingencies, and environmental concerns are a legitimate aspect of those negotiations across different property types, including residential and commercial properties. Therefore, the assertion that buyers have the ability to negotiate contingencies, including those for environmental reports, is what makes this choice correct.