These types of puzzles are known as charades. What you have to do is to find two words that are referred to in the first stanza and the second stanza and put them together to form the third word in the third stanza.

Just for example, if my first refers to 'off' and my second refers to 'ice', then my whole will be the 'office'.

My first is present - future's past -
A time in which your lot is cast.

My second is my first of space
Defining people's present place.

My whole describes a lack of site -
A place without length, breadth, or height.

A man lives on the fifteenth floor of an apartment building. Every morning he takes the elevator down to the lobby and leaves the building. In the evening, he gets into the elevator, and, if there is someone else in the elevator, or if it was raining that day, he goes back to his floor directly. Otherwise, he goes to the tenth floor and walks up five flights of stairs to his apartment. Can you explain why he does this?

There is something which is always coming but never arrives?

A Miser man decided to go on a vacation for a month. He goes to the bank and asks for a trip loan of $500. The bank officer asks the man that the loan can only be approved when he mortgage some valuable thing at the bank. Miser man mortgages his only car whose worth was a whopping $80000. The Bank officer laughed at him and approve the loan instantly. After vacation when the miser man returns, the bank officer asked him "Are you an idiot, why is your mortgage such an expensive car for such a short loan?".

Miser man replied with some reason and the bank officer agreed that the miser man is actually not an idiot.

What did miser man reply to the bank loan officer?.

Manish and Manoj play 5 games of chess.
Both Manish and Manoj win the exact same number of games. There is no tie at all.

How?

They are the five precious gems of an everyday sort and all can be found on a Tennis Court. Who are they?

A Doctor always sneezes before the rain. Doctor sneezes, Will it rain?

There was once a troop of 5 elves. The 5 elves were very dedicated on finding the magical treasure of 1000 coins. However, being elves, they were super geniuses, very greedy and they did not hesitate in taking lives of other elves. The 5 elves were named Aye, Bee, Cee, Dee and Ee, ranked from high to low respectively, from Aye to Ee. One fine day, their efforts brought results and they found 1000 coins. Now they had to split it in between them as per their ranks. The lowest ranked elf has to make the proposal. If the proposal is accepted by majority, it is agreed, or the suggesting elf is killed.

What proposal should elf Ee make ?

What 4-letter word can be written forward, backward or upside down, and can still be read from left to right?

There are three Athletes (John, Tarun and Harish) and their individual Coaches (Jacob, Meenaxi and Priyanka) standing on the shore.
No Coach trusts their Athlete to be near any other Coach unless they are also with them.
There is a boat that can hold a maximum of two persons.
How can the six people get across the river?