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An affidavit of execution consists of three main components: the preamble, the body, and the jurat. The preamble introduces the affidavit, while the body, typically single-spaced with double-spacing between numbered paragraphs, contains the main content. The jurat, located at the bottom, is crucial as it includes the deponent's signature and is certified by a commissioner for oaths. To format the jurat, a table feature can be used, as shown in the accompanying video tutorial. This affidavit is commonly used whenever a signature needs to be commissioned for various applications, serving as a standard document for signing verification.