Adding a co owner to the property title

[Barak Hamdani]

Hey,

I'm about to put an offer to a condo in Greenwood Village, Colorado. I'm buying this condo for my mom, which lives in a different country.

She's paying cash for it, and I'll manage it for her. Our plan is that both our names will be mentioned in the title (she will own 99% and i'll own 1%).

From a buying process perspective, since she can be in town only in about 2 months, and we don't want to miss this deal, we thought that as a first step, we would only put my name on all documents/deed/title, meaning i'll be the one to buy the condo, and then, when she gets here, we'll just add her to the title.

Does is sound like a good/legal/applicable strategy?

Are there any tax implications?

many thanks