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The 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 paragraphs, and each paragraph is numbered. The jurat, located at the bottom, is crucial as it includes the deponent's signature and is commissioned by a commissioner for oaths. To format the jurat easily, a table feature can be used, with guidance available in a related video. This affidavit is widely used across various applications wherever a signed document requires commissioning.