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A daycare contract is signed when parents hire daycare services for their children. Daycare refers to a business that provides care for children while parents are at work or occupied. There are various types of daycare: 24-hour (for overnight care), center-based (commercial locations), gym-based (for parents working out), and home-based (residential locations). Daycares typically cater to infants and toddlers and can be more expensive. They are regulated by each state's childcare administration, which enforces laws on building safety codes and the required adult-to-child ratio. All daycares must be licensed and in good standing to be included in the state's daycare registry.