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 deaf and mute man goes to the train station. Tickets for the train are 50 cents each. The man goes to the ticket booth and hands the man inside just a dollar. The man in the booth hands him two tickets.
How did the man in the booth know to give him two tickets without even looking at him?
You’re out on the water and see a boat filled with people. You look away for a second and look back again, but this time you don’t see a single person on the boat. Why? Hint: The boat did not sink.
The King of a distant land had heard that Birbal was one of the wisest men in the East and so desired to meet Birbal. He sent Birbal an invitation to visit his country.
In due course, Birbal arrived in the distant kingdom. When he entered the palace he was flabbergasted to find not one but six kings seated there. All looked alike. All were dressed in kingly robes. Who was the real king?
The very next moment he got his answer. Confidently, he approached the king and bowed to him.
The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.