We consider Grassmann structures defined on the family consisting of subspaces on which a given nondegenerate bilinear form defined on a real vector space is positive definite. One may call such structures Grassmann spaces over generalized hyperbolic spaces. We show that the underlying (generalized) hyperbolic space can be recovered in terms of its Grassmannian, and the underlying projective space (equipped with respective associated polarity) can be recovered in terms of the generalized hyperbolic space defined over it.