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A daycare contract is typically signed when parents hire daycare services for their children. Daycares are businesses that care for children while parents are at work or fulfilling other obligations. There are various types of daycare, including 24-hour facilities for overnight care, center-based options where children are dropped off at a commercial location, and home-based settings at residential locations. Infant and toddler care tends to be more expensive. Daycares are regulated by state child care administration offices, which enforce specific laws regarding building safety, adult-to-child ratios, and require that each daycare holds a license to be listed in the state’s daycare registry.