These types of puzzles are known as charades. What you have to do is 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 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.
There is a brick of gold and a brick of iron in a boat (both 10-inch blocks), if they are both dropped into the water which will make the water level higher?
A man is shown a portrait painting. He looks closely, then tells, “Brothers and sisters have I none, but that man’s father is my father’s son!†Who is the man in the portrait?