What happens to the refrigerant as it exits the condenser?

As the refrigerant exits the condenser, it undergoes a phase change from a gaseous state to a liquid state, and this process occurs under high pressure. The refrigerant is usually cooled down significantly in the condenser, which allows it to release heat to the surrounding environment. As a result, the refrigerant's pressure and temperature decrease after it has condensed.

At this point, it is not completely evaporated because it has transitioned into a liquid form as it exits the condenser. This liquid refrigerant is ready to be sent to the expansion valve, where it will undergo a further drop in pressure and temperature, preparing it for absorption of heat in the evaporator. Thus, indicating a state of lower pressure and temperature at the exit of the condenser accurately describes the physical behavior of the refrigerant.