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A daycare contract is typically signed when parents hire daycare services for their children. A daycare is a business where children are cared for while parents attend work or other obligations. Types of daycare include 24-hour facilities for overnight care, center-based locations for drop-off, and home-based care at residential sites. Daycares can cater to infants and toddlers and tend to be more expensive, with regulations set by each state's child care administration office. Each state has specific laws regarding building and safety codes and adult-to-child ratios. All daycares must hold a license and maintain good standing to be listed in the state's daycare registry.