A molecule of water is lost during condensation two monosaccharides
A disaccharide is formed from a monosaccharide by condensation of two monosaccharides.
During this condensation, a molecule of water is lost. As such, the formula of the disaccharide is less than the sum of (double)the molecular formula of two monosccharide units by H2O due to condensation.
For instance;
C6H12O6 + C6H12O6 --------> C12H22O11
-H2O