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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 section, followed by the body, which is typically single-spaced with double spacing between numbered paragraphs. The most crucial part is the jurat, where the deponent signs and is commissioned by a commissioner for oaths. To format the jurat easily, users can utilize the table feature, as explained in a related video tutorial. This type of affidavit is commonly used in various applications when a signature needs to be commissioned, serving as a formal declaration that the document was signed in the presence of the commissioner.