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An affidavit of execution consists of three main components: the preamble (top part), the body (which is single-spaced with double spacing between numbered paragraphs), and the jurat (the section where the deponent signs and is commissioned by a commissioner for oaths). The jurat is crucial, and a useful method to format it is by using the table feature in documents. This type of affidavit is widely utilized for various applications, particularly when a signature needs to be commissioned, signifying its importance in legal and administrative processes. The video tutorial demonstrates how to create a jurat effectively using the table feature.