The present article is aimed at an investigation of the propagation of generalized Rayleigh surface waves in a homogeneous, isotropic, microstretch thermoelastic solid half-space underlying an inviscid liquid half-space or layer of finite thickness, in the context of classical (coupled) and non-classical (generalized) theories of thermoelasticity. The secular equations in close form and isolated mathematical conditions are derived for generalized Rayleigh waves in the considered composite structure after obtaining general wave solutions of the model. The fluid overlying the solid half-space has been successfully modeled as thermal load in addition to normal (hydrostatic pressure) one. Some special cases of dispersion equations have also been deduced and discussed. The analytic expressions for the amplitudes of displacement, microstretch, microrotation and temperature change at the interfacial surface during the Rayleigh wave propagation are also derived. The results have been deduced and compared with the relevant publications available in the literature at the appropriate stages of this work. Finally, the analytical developments have been illustrated numerically for aluminum–epoxy-like material half-space under the action of inviscid liquid (water) half-space or layer of finite thickness. The computer simulated results in respect of phase velocity, attenuation coefficient, specific loss factor of energy dissipation and relative frequency shift due to fluid loadings are presented graphically in normalized form to observe their distinctions from those in the context of the well established theory of coupled thermoelasticity.