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A daycare contract is typically signed when parents hire daycare services for their child. A daycare is a business that cares for children while parents work or fulfill other obligations. Types of daycare include 24-hour services for overnight care, center-based facilities where children are dropped off at a commercial location, and home-based daycare in residential settings. Full-service daycares, which cater to infants and toddlers, tend to be more expensive. Daycares are regulated by each state's child care administration and must comply with specific building and safety codes, as well as staff-to-child ratios. All daycares must hold a license and be listed in the state's daycare registry.