> For the complete documentation index, see [llms.txt](https://docs.payswap.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.payswap.org/products/arps/manual-arps/selling-shares-in-an-asset.md).

# Selling Shares In An Asset

You can tokenize Real World Assets (RWA) in the form of ARP contracts in order to sell shares in them or use them as collaterals for borrowing.

Once you have an auditor tokenize your RWA as an ARP contract, you can add an application link to the ARP to have interested parties apply with their terms in a form of auction.

You can use this method to:

* borrow money from one or multiple parties
* sell shares in your RWA
* sell the totality of your RWA

Make sure you've added in your contract's description what users should apply for and what your purpose was for tokenizing the RWA.

ARP tokenizations work just the same as [NFT tokenizations](/products/auditors/tokenizing-real-estate.md). You would have to sign your RWA property rights over to a trusted party and can only get them signed over to you if you can present the same ARP contract with no liability (no pending debt, etc.)

The reason you might choose to use ARP contracts instead of [Bills](/products/bills/selling-shares-in-an-asset.md) or [NFTs](/products/auditors/tokenizing-real-estate.md) is to be able to setup more deterministic contracts.

If you borrowed money for instance and want to be able to setup a contract where you will be able to reimburse at predefined periods of time a predefined amount of money, you're better off using a ARP contract to tokenize your RWA


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