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The affidavit of execution consists of three main components: the preamble, the body, and the jurat. The preamble serves as the introductory section. The body is typically single-spaced, with numbered paragraphs and double spacing between them. The jurat, located at the bottom, is crucial as it contains the deponent's signature and the commissioning by a commissioner for oaths. Formatting the jurat can be simplified using the table feature, as shown in the available video tutorial. This affidavit is widely used in various applications whenever a signature needs to be commissioned, making it one of the most common types of affidavits.