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A nanny contract is a legal document that outlines the responsibilities of a nanny and the compensation they will receive. A nanny is distinct from a babysitter, as nannies typically care for children long-term and may also handle household duties, meal preparation, and daily care. Some families opt for live-in nannies who reside with them full-time. For parents seeking a nanny, starting with referrals from family and friends is recommended. Additionally, websites such as Care.com and Sittercity.com offer extensive listings and reviews of potential nannies, helping parents find suitable candidates for their childcare needs.