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A daycare contract is essential when hiring daycare services for your child. Daycares come in various types such as 24-hour, center-based, gym, and home-based. They are regulated by state laws and must hold a license to operate. It is important to include key details in the contract such as hours of operation, fees, policies, and emergency contact information. Make sure the daycare is in good standing and registered with the state's daycare registry.