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A daycare contract is typically signed when a parent hires daycare services for their child. Daycares are businesses that care for children while parents work or fulfill other obligations, and they can take various forms, including 24-hour facilities for overnight care, center-based daycares for drop-offs, gym-associated daycares, and home-based options. Daycare types vary in cost, with full-service facilities generally being more expensive. Each daycare is regulated by state childcare administration offices, which enforce specific laws regarding safety, building codes, and adult-to-child ratios. All daycares must be licensed and maintain good standing to be listed in their state's daycare registry.