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An affidavit of execution consists of three main components: the preamble, the body, and the jurat. The preamble is the introductory section, while the body is typically single-spaced with double spacing between numbered paragraphs. The jurat, located at the bottom, is crucial as it includes the deponent's signature and is commissioned by a commissioner for oaths. Formatting the jurat can be easily accomplished using a table feature, as demonstrated in a related video tutorial. This affidavit is commonly used for various purposes, particularly when a document requires a commissioned signature.