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A daycare contract is typically signed when a parent hires daycare services for their child. Daycares provide care for children while parents are at work, offering different types such as 24-hour, center-based, gym, and home-based. Daycares are regulated by state childcare administration offices, with specific laws on building codes, safety, and staffing ratios. Every daycare must be licensed and in good standing to be listed in the state's daycare registry.