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An affidavit of execution consists of three main components: the preamble, the body, and the jurat. The preamble is the initial part, followed by the body, which is typically single-spaced with double spacing between numbered paragraphs. The jurat, located at the bottom, is crucial as it contains the deponent's signature, witnessed by a commissioner for oaths. To format the jurat easily, a table feature can be used, as shown in a related video tutorial. This type of affidavit is widely utilized for various applications, particularly when a document requires a commissioned signature, making it one of the most common affidavits in use.