Sales Volume: Net originated sales for the given year, which equals gross sales minus rescissions. Sales value should approximate the amount at which a timeshare interest
would be sold in an all-cash sale, without financing or incentives.Determined by adjusting the stated sales price to the present value of the receivable, adding
fees paid by the buyer that are unrelated to financing, and subtracting the value of incentives and services provided to the buyer (to the extent the fair value of the
incentives or services exceeds the amount the buyer pays for the incentives or services).