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An affidavit of execution consists of three main components: the preamble, the body, and the jurat. The preamble is at the top, 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 their signature is commissioned by a commissioner for oaths. To format the jurat easily, the video tutorial offers guidance on using a table feature. This type of affidavit is widely utilized in various applications, primarily when an individual must sign a document that requires commissioning.