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A daycare contract is signed when a parent hires daycare services for their child. Daycares are places where children are cared for while parents work. There are different types of daycares, including 24-hour, center-based, gym, and home-based. Daycares must be licensed and follow state laws regarding building codes, safety regulations, and staff-to-child ratios. Daycares must hold a license and be in good standing to be listed in the state's daycare registry.