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A daycare contract is typically signed by parents when hiring daycare services for their children. Daycare refers to businesses providing childcare while parents work or fulfill other obligations. There are various types of daycare, including 24-hour options for overnight stays, center-based facilities for drop-offs during work or gym visits, and home-based settings at residential locations. Services range from infant to toddler care, with full-service daycares generally being more expensive. Regulations vary by state, with each having specific laws on building safety and adult-to-child ratios. All daycares must be licensed and in good standing to be listed in their state's daycare registry.