The show's 20th season - The Real World: Hollywood - premieres in April. Cast members from the new season, The Real World: Hollywood, will participate in the program.
Viewers will have a chance to vote for their favorites in 13 categories, including "best fight," "best meltdown," "hottest male," hottest female," and "best season."
In addition to the awards, MTV will comb through the Real World archives, selecting the most memorable moments for clip packages addressing issues such as racism, homophobia, eating disorders and addiction.
Visit realworldawards.mtv.com right now to watch clips of all the nominees and vote for through February 29.