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A daycare contract is typically signed when parents hire daycare services. Daycares provide care for children while parents work or fulfill other obligations. Types of daycare include 24-hour facilities for overnight care, center-based locations for drop-offs during the day, and home-based options at residential sites. Services offered may vary, with infant and toddler care generally being more expensive. Daycares are regulated by each state’s child care administration and must adhere to specific building and safety codes, including staff-to-child ratios. All daycares must be licensed and in good standing to be listed in their state's daycare registry, in compliance with state laws.