I think that the above sentence used in this term, is correctly used in this way.
AnswerWhenever someone says that they are offering their condolences it just means that they are offering their sympathies. Usually this is used in the case of a loved one or friend dying.
Condolences is correct.
You and your family will be in my prayers. I sorry to hear about your loss, please accept my condolences to your family, etc.
Meaning of condolence (noun) is consolation; commiseration
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