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An affidavit of execution consists of three main components: the preamble, the body, and the jurat. The preamble is at the top, followed by the body, which is usually single-spaced with double-spacing between numbered paragraphs. The jurat is the most crucial section, where the deponent signs and has their signature witnessed by a commissioner for oaths. To format the jurat conveniently, the video tutorial suggests using a table feature. This affidavit is widely utilized across various applications, primarily when a signature requires commissioning. It serves as a formal declaration confirming that a document was executed properly.