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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 part, the body is typically single-spaced with double spacing between numbered paragraphs, and the jurat is where the deponent signs, confirmed by a commissioner for oaths. The jurat can be easily formatted using a table feature, as outlined in the accompanying video. This type of affidavit is commonly used whenever a signature needs to be commissioned, serving various applications in the legal process, including individual and multiple signers.