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A daycare contract is signed when a parent hires daycare services for their child. Daycares are places where parents leave their children while they work. There are different types of daycares such as 24-hour, center-based, gym, and home-based. Daycares must be regulated by each state's child care administration office and follow specific laws related to safety and staffing. Daycares must be licensed and in good standing to be in each state's daycare registry.