Registering Property in Grenada

This topic examines the steps, time, and cost involved in registering property in Grenada.

View all indicator data and topic details for this economy.

Change Selection

Property Value: XCD 769,815
City: St. George's

	Procedure	Time to complete:	Cost to complete:
*1	Lawyer prepares title deed	5 days (simultaneous with procedures 2, 3, and 4)	1–2% property value
*2	Title search at the Deeds & Land Registry	5 days (simultaneous with procedures 1, 3, and 4)	EC $200
*3	Obtain tax clearance from Inland Revenue	1-2 days (simultaneous with procedures 1, 2, and 4)	no cost
*4	Obtain clearance from National Water and Sewage Authority	up to 14 days (simultaneous with procedures 1, 2, and 3)	no cost
5	Payment of transfer fee at Inland Revenue	1 day	5% (property value minus $20000, exempted)
6	Execution of the deed at the lawyer’s office	1 day	(lawyer’s fees paid in procedure 1)
7	Payment of Stamp Duty at the Deeds & Land Registry	1 day	1% of property value
8	Registration of the deed in the Deeds & Land Registry	60 days	EC $5 (registration fee)

* Takes place simultaneously with another procedure.

Procedure 1.: Lawyer prepares title deed
Time to complete:: 5 days (simultaneous with procedures 2, 3, and 4)
Cost to complete:: 1–2% property value
Name of Agency:
Comment:: The purchaser’s lawyer prepares the title deed and ensures that all rates and taxes are paid by the vendor. Water rates are paid to the National Water and Sewerage Authority, and property tax and property transfer tax are paid by the vendor to the Department of Inland Revenue, Ministry of Finance. The purchaser pays lawyer’s fees at this point.

Procedure 2.: Title search at the Deeds & Land Registry
Time to complete:: 5 days (simultaneous with procedures 1, 3, and 4)
Cost to complete:: EC $200
Name of Agency:: Deeds & Land Registry
Comment:: The lawyer conducts searches on the vendor’s title deed for the last 10 years, in addition to previous owners, going back as far as 60 years. The lawyer also searches the wills under the previous owner and any judgments against the property for the last 12 years.

Procedure 4.: Obtain clearance from National Water and Sewage Authority
Time to complete:: up to 14 days (simultaneous with procedures 1, 2, and 3)
Cost to complete:: no cost
Name of Agency:: National Water and Sewage Authority
Comment:: The lawyer sends a written request to the National Water and Sewage Authority in order to obtain clearance that all water rates and taxes have been paid. It can take about 2 weeks in order to receive clearance from the National Water and Sewage Authority.

Procedure 6.: Execution of the deed at the lawyer’s office
Time to complete:: 1 day
Cost to complete:: (lawyer’s fees paid in procedure 1)
Name of Agency:
Comment:: The deed is executed in the presence of the lawyer and the cheque is exchanged for the deed. All previous deeds relating to the land, all papers (including insurance policy), and all keys are delivered to the purchaser.

Procedure 8.: Registration of the deed in the Deeds & Land Registry
Time to complete:: 60 days
Cost to complete:: EC $5 (registration fee)
Name of Agency:: Deeds & Land Registry
Comment:: The deed is collected by the purchaser’s lawyer after registration and processing.

Documentation required:
- Original deed
- New deed (with stamps from procedure 7)
- Proof of payment of all taxes and rates relating to the property
- History of title