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A daycare contract is typically signed when a parent hires daycare services for their child. Daycare refers to a business that provides care for children while parents attend work or other commitments. There are several types of daycare: 24-hour (for overnight care), center-based (children are dropped off at a commercial location), gym-based (care during workouts), and home-based (care at a residential location). Options include infant and toddler care, which tends to be full-service and more expensive. Daycares are regulated by state child care administration offices, adhering to specific laws on building safety and staff-to-child ratios. All daycares must hold a license to be listed in each state’s daycare registry.