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A daycare contract is typically signed when parents hire daycare services for their children. Daycare is a business that provides care for children while parents work or attend other obligations. There are different types of daycare, including 24-hour, center-based, home-based, and care for infants and toddlers, with full-service daycares often being more expensive. Daycares are regulated by each state’s child care administration office, which enforces specific laws regarding building and safety codes, as well as staff-to-child ratios. Each daycare must hold a license and be in good standing to be listed in the state's daycare registry.