You are contracted as a facilities manager for your company DEF Financial Services Proprietary Limited $($lessee$).$ The company wishes to lease commercial premises from ABC Propco Proprietary Limited $($lessor$).$ The lessor has proposed in memorandum of understanding that the lessee shall be responsible for the following in respect of the premises:

$2\mathrm{.}1$ Rates and taxes;

$2\mathrm{.}2$ Insurance;

$2\mathrm{.}3$ Maintenance.

The lessee operates a financial services company and wishes to occupy $1/3$rd of the lettable space on the second floor of the relevant premises. How would you advise the lessee in respect of the proposed terms as listed in paragraphs $2\mathrm{.}1$ to $2\mathrm{.}3.[5$ marks$]$