The other type of jurisdiction conferred upon federal courts is known as diversity jurisdiction .
Courts exists where the amount in controversy is equal to or greater than $75,000.00 and two or more litigants are domiciled in separate states .
The other type of jurisdiction conferred upon federal courts is known as diversity jurisdiction and it exists where the amount in controversy is equal to or greater than $75,000.00 and two or more litigants are domiciled in separate states .