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An affidavit of execution consists of three main components: the preamble, the body, and the jurat. The preamble is located 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 is witnessed by a commissioner for oaths. Formatting the jurat can be simplified using a table feature, and guidance on this is available in a related video. This affidavit is widely used for various applications, particularly when a document requires a commissioned signature.