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A daycare contract is signed when a parent hires daycare services for their child. Daycares come in different types such as 24-hour, center-based, gym, and home-based. Daycares are regulated by each state's child care administration office, with specific laws related to building codes, safety, and staff-to-child ratios. Daycares must be licensed and in good standing to be listed in each state's daycare registry.