Common use of Exception to Arbitration Clause in Contracts

Exception to Arbitration. Claims or disputes filed by you or by the Bank individually in a small claims court are not subject to arbitration, so long as the disputes remain in such court and advance only an individual claim of relief. The parties agree that any such small claims court actions must be commenced only in a court of competent subject-matter jurisdiction in Miami-Dade County, Florida, and the parties hereby waive any defense of lack of venue or personal jurisdiction in any such suit, action, or proceeding.