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An affidavit of execution consists of three main components: the preamble, the body, and the jurat. The preamble is the top section, while the body, typically single-spaced with double spacing between numbered paragraphs, forms the affidavit's main content. The jurat is the crucial part where the deponent signs, and their signature is commissioned by a commissioner for oaths. A practical way to format the jurat is by using a table feature, with a tutorial available in the linked video. The affidavit of execution is widely used for various applications, particularly when a document requires a commissioned signature.