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Legal Tidbits

Joint Ownership of Property in Grenada

In Grenada, the law recognises two types of joint ownership of the absolute interest in the property: joint tenancy and tenancy in common.    

Joint Tenancy

The owners are called joint tenants. They must all agree on any future transfer of the property.  If one of them dies, the remaining owner(s) becomes entitled to the whole of the property.  It is not inherited by the persons entitled to the deceased person’s estate unless a will in special technical form is made by all joint owners. 

Tenancy-in-Common

The owners are called tenants in common. They do not need to agree with each other on what they want to do with their share. Upon death, their interests pass to their heirs, either by will, or in the absence of a will, by the laws of intestacy.

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