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An affidavit of execution consists of three key 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 critical part is the jurat, where the deponent signs, and this must be commissioned by a commissioner for oaths. To format the jurat easily, viewers can utilize the table feature, which is demonstrated in a related video. This affidavit is commonly used across various applications, primarily when a signature needs to be commissioned. It serves as a crucial tool for validating signatures on important documents.