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A daycare contract is signed when parents hire daycare services for their children. Daycares provide care while parents work or are engaged in other obligations. Types of daycare include 24-hour services for overnight stays, center-based care at commercial locations, and home-based care in residential settings. Full-service daycares, typically more expensive, cater to infants and toddlers. Each daycare is regulated by state laws concerning safety codes, adult-to-child ratios, and licensing requirements. Daycares must hold a valid license and maintain good standing to be listed in the state's daycare registry, adhering to specific state regulations.