Splitting your lot to sell off a single family home

Hello,

I recently bought the home study course and found the idea of selling off the single family homes attached to a park.

Can you split the lot and sell off the house if you have a note on the park? I thought lots need to be owned outright before you can split them? Will a bank cooperate on this idea?

I am evaluating a park next to a cemetery. If I sell the house it will sit between a mobile home park, and a cemetery. What a fun place to live!