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A daycare contract outlines the terms agreed upon when parents hire daycare services for their children. Daycares provide care for children while parents work or fulfill other obligations. There are various types of daycare, including 24-hour facilities for overnight care, center-based locations for drop-off, gym-based options for parents exercising, and home-based care at residential sites. Daycare types vary in cost, with full-service options typically being more expensive. Each daycare must comply with state regulations, including safety codes and staff-to-child ratios, and must hold a valid license to be registered in the state's daycare registry.