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An affidavit of execution consists of three main components: the preamble (top part), the body (middle part), and the jurat (bottom part). The body is typically single-spaced with double spacing between numbered paragraphs. The jurat, where the deponent signs and is commissioned by a commissioner for oaths, is crucial. A practical approach to format the jurat is by using a table feature, which is explained in the accompanying video tutorial. This affidavit is widely used for various applications when a signature needs to be commissioned, making it one of the most common affidavits in legal practice.