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A daycare contract is typically signed when parents hire daycare services for their children. Daycares provide care for children while parents are at work or engaged in other commitments. The main types of daycare include 24-hour care for overnight stays, center-based care where children are dropped off at a commercial location, gym-based care for those who need supervision while working out, and home-based care in residential settings. Daycares vary in services offered, with infant and toddler care generally being more expensive. Each daycare must comply with state regulations concerning safety and staffing, hold a valid license, and be listed in the state’s daycare registry.